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USA Stock Discussion v7, Greece Debt Crisis!
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mikehwy
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May 13 2016, 12:08 AM
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QUOTE(danmooncake @ May 12 2016, 10:46 PM) I think it will probably do that until all bulls are in. Keep buying dips for now. USO, OIH, XOP including leverage like UWTI, ERX, GUSH all showing more upside to go. It is crazy despite high inventory levels, it does not matter. Just small news on little drawn down, or fire in Canada (eventho none of the oil fields or refineries are actually stopped producing), the bulls keep buying. alright, buying few uwti, 31.55
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AVFAN
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May 13 2016, 12:13 AM
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i will take a few days rest. the last 8 or 9 sessions have been unbelievable strange. too hot to handle.
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mikehwy
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May 13 2016, 12:18 AM
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QUOTE(AVFAN @ May 13 2016, 12:13 AM) i will take a few days rest. the last 8 or 9 sessions have been unbelievable strange. too hot to handle.  agree. that is a wise decision as it appears a blind gamble on new and stock reports now. i really cant see any direction to punt at. sigh
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mikehwy
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May 13 2016, 12:18 AM
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as crude is recovering, it can still moves fast in either direction. yes, its a strange game.
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yok70
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May 13 2016, 12:42 AM
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QUOTE(danmooncake @ May 12 2016, 11:58 PM) I guess we can blame this on AAPL. It's dragging down the tech sector.  come to me, apple, 88 first stop....
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danmooncake
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May 13 2016, 05:26 AM
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QUOTE(yok70 @ May 13 2016, 12:42 AM) come to me, apple, 88 first stop....  They opened the trap door below 92, then jumped down to 90 to look at the abyss. so, I think I won't be surprised if we take another level down to 85-86 area. That's 2014 Jun/Jul price. But, if it dives even more.. like 75-80s. It will be devastating for all AAPL fans. This post has been edited by danmooncake: May 13 2016, 05:26 AM
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danmooncake
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May 13 2016, 05:28 AM
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QUOTE(mikehwy @ May 13 2016, 12:18 AM) as crude is recovering, it can still moves fast in either direction. yes, its a strange game. Above $45.. so, potentially can hit $49-$50 again in next few sessions. Just a bit of "less bearish" news, the oil bulls are getting excited.
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wlcling
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May 13 2016, 01:10 PM
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QUOTE(danmooncake @ May 12 2016, 11:58 PM) I guess we can blame this on AAPL. It's dragging down the tech sector.  Yeah, bad news that smartphone sales are generally declining as less people need to upgrade
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mikehwy
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May 13 2016, 09:35 PM
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lets top up uwti, 32.5, few bits only
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danmooncake
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May 14 2016, 01:39 AM
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QUOTE(mikehwy @ May 13 2016, 09:35 PM) lets top up uwti, 32.5, few bits only Good luck if you want to hold it over the weekend. Meanwhile, I got no trading position going into this weekend. XLE, OIH, XOP, all seems to be pulling back, people are taking profits and money off the table for now. WTI still holding above $45. This post has been edited by danmooncake: May 14 2016, 01:40 AM
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wlcling
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May 14 2016, 05:15 AM
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Woah didn't expect nvidia to fare so well on earnings, wrong correlation I made on tsmc, it's chip supplier.
Now Just waiting for a better buying point on Facebook
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wlcling
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May 14 2016, 05:23 AM
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QUOTE(danmooncake @ May 13 2016, 05:26 AM) They opened the trap door below 92, then jumped down to 90 to look at the abyss. so, I think I won't be surprised if we take another level down to 85-86 area. That's 2014 Jun/Jul price. But, if it dives even more.. like 75-80s. It will be devastating for all AAPL fans. Very vary of Appl. Weak guidance ahead from aapl also seen from its orders from tsmc. Weak guidance is a vicious cycle from a perceived innovator tech company, and that's a huge hole to climb from Still in the green from abp of 70s but will likely exit on some strength awaiting rumors
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AVFAN
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May 14 2016, 11:02 AM
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QUOTE(danmooncake @ May 14 2016, 01:39 AM) Good luck if you want to hold it over the weekend. Meanwhile, I got no trading position going into this weekend. XLE, OIH, XOP, all seems to be pulling back, people are taking profits and money off the table for now. WTI still holding above $45.  oil bulls are pushing wti price higher with every little bit of positive news. meanwhile, the broader market is sick - tech, biotech, retail all retreating big time. add these on-going oil bankruptices: http://www.bloomberg.com/news/articles/201...ruptcies-add-upno surprise oil/energy etf's and stocks are taking a beating. question is will wti dive deep again when the next piece of big bad news comes...?!!
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mikehwy
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May 16 2016, 09:50 PM
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wow, i am winning on uwti nearly usd 4! what a relief.
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AVFAN
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May 16 2016, 09:51 PM
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oil rally big time!
wti bulls gunning for 50?
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mikehwy
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May 16 2016, 09:54 PM
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QUOTE(AVFAN @ May 16 2016, 09:51 PM) oil rally big time! wti bulls gunning for 50? now, any higher tp is a reality. 50? omg !
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AVFAN
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May 16 2016, 09:58 PM
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QUOTE(mikehwy @ May 16 2016, 09:54 PM) now, any higher tp is a reality. 50? omg !  50 is doable, give it a week or so. tonight, 48 is likely... up 4%. This post has been edited by AVFAN: May 16 2016, 09:58 PM
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danmooncake
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May 16 2016, 10:49 PM
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QUOTE(mikehwy @ May 16 2016, 09:50 PM) wow, i am winning on uwti nearly usd 4! what a relief. Congrats for winning! No risk no gain.. Oil movement now is based geog-political issues rather than real inventory or supply vs demand. The oil bulls will likely trying to push it towards $50 or higher.
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mikehwy
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May 16 2016, 10:53 PM
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QUOTE(danmooncake @ May 16 2016, 10:49 PM) Congrats for winning! No risk no gain.. Oil movement now is based geog-political issues rather than real inventory or supply vs demand. The oil bulls will likely trying to push it towards $50 or higher.Ohh! that encouraging.....
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AVFAN
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May 16 2016, 11:13 PM
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there will be profit taking, like just now. but will close with a 48 bang at 2.30am, i think.
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