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  • RageWizard
    SBR MVP
    • 09-01-06
    • 3008

    #596
    I can't fathom the thought of this thread still being alive. I like the rebound in oil prices play for next week you capitalist pig. I am looking at the KOG on my chart, and I can see that it is right on support. I don't like how it sold off right before the close, but for next week, if the daily chart stochastics can retrun to the oversold area without the stock making a new lower low, I will jump in myself because I think that oil will make a rally next week as well. I hate to say this, but if we really get lucky, the jews will bomb the shit out of the iranian nuke plants that are slated to go online next week. I hope it doesn't happen before I get in. Well actually I hope it just doesn't happen because, er, well, O.K. who the hell am I kidding, I hope it really happens, and Iran attacks back. It will be good for my gold, mine, and oil stocks, not to mention my recent short play on the bank stocks. for some reason, I am totally set up for a good old fashion mid east cluster fvck disruption.

    I know I should hate myself, but then again, I am a capitalist as well.
    Comment
    • capitalist pig
      SBR MVP
      • 01-25-07
      • 4997

      #597
      LOL, Rage, thats kinda the way Im playing this, Hell if any major news organization even starts talking about Isreal bombing the Nuke facility in Iran, that alone will push oil alot higher. I took my position here today on the low end of the bollinger bands, and that usually works for me. KOG is a decent company, Ive bought and traded it before, have even held it long for awhile, but thats not my style and I always end up selling it for a profit. Its good as long as it doesnt break below $2.51, thats my stop out price.

      later
      Comment
      • Data
        SBR MVP
        • 11-27-07
        • 2236

        #598
        Originally posted by RageWizard
        I can't fathom the thought of this thread still being alive. I like the rebound in oil prices play for next week you capitalist pig. I am looking at the KOG on my chart, and I can see that it is right on support. I don't like how it sold off right before the close, but for next week, if the daily chart stochastics can retrun to the oversold area without the stock making a new lower low, I will jump in myself because I think that oil will make a rally next week as well. I hate to say this, but if we really get lucky, the jews will bomb the shit out of the iranian nuke plants that are slated to go online next week. I hope it doesn't happen before I get in. Well actually I hope it just doesn't happen because, er, well, O.K. who the hell am I kidding, I hope it really happens, and Iran attacks back. It will be good for my gold, mine, and oil stocks, not to mention my recent short play on the bank stocks. for some reason, I am totally set up for a good old fashion mid east cluster fvck disruption.

        I know I should hate myself, but then again, I am a capitalist as well.
        Great post, it put a big smile on my face! It played nicely with the thought of the previous Iranian (hostage) crisis that made gold skyrocketing along with my heavy gold investment.

        But... Then I thought about this a bit more. I am not sure that our Commander in Chief is the leader of the free world which means that Iranian response may mobilize other Islamic forces and this will cause major casualties while Israel, the outpost of the free world in Middle East, deserted by its closest ally. I am a capitalist as well but even more so I am a devoted westerner (if that is a proper wording). If you follow this train of thought to the extreme, I would not want to become insanely rich while witnessing Western Civilization destroyed by Islamic world.
        Comment
        • k13
          SBR Posting Legend
          • 07-16-10
          • 18104

          #599
          Motorola (MOT) is still good value right now.
          Comment
          • RageWizard
            SBR MVP
            • 09-01-06
            • 3008

            #600
            MOT is also right on support, and may be worth a little love here, but I will jump right out and short if the price goes below 7.38.
            Comment
            • RageWizard
              SBR MVP
              • 09-01-06
              • 3008

              #601
              Yeah, I just picked up a couple shares of KOG, I was waiting all week for an entry point, and at 2.46, it looks like it will hold support. If it drops down 20 cents, I'm gone. but I really think Oil will rally fairly soon.
              Comment
              • RageWizard
                SBR MVP
                • 09-01-06
                • 3008

                #602
                We have a pretty big battle going on today on Wall Street. This morning XLF and SMH, came about as close as you can get to breaking down below key support, before a mysterious buying started to come in. Well not to mysterious, it was the plunger team, and now they are going after the short players by threatening to get XLF and SMH to break about key support levels which will cause the short players to cover and cause a sizable rally. I think they succeed, but by the end of the day, the market will be up over 150, or down over 150 in my estimation, no inbetweens, unless the battle doesn't get resolved this afternoon.
                Comment
                • buztah
                  SBR Hall of Famer
                  • 03-23-07
                  • 7470

                  #603
                  SQNM at 5.80s; buy and hold for 12.50, motherphuckerz!
                  Comment
                  • CrimsonQueen
                    SBR MVP
                    • 08-12-09
                    • 1068

                    #604
                    Never played the market but got a promo from my bank where they gave me free money...so I'm buying some stock. As the last person in here wrote SQNM...
                    Time to learn something new...heh
                    Comment
                    • capitalist pig
                      SBR MVP
                      • 01-25-07
                      • 4997

                      #605
                      Originally posted by capitalist pig
                      Back in KOG today for 10k shares @ $2.65, looking for $2.95 next week. Im playing this on a rebound in oil prices next week ,JMO.

                      later
                      For the record I was stopped out @ $2.51 here last week, good luck rage on your entry point of $2.46.

                      later
                      Comment
                      • RageWizard
                        SBR MVP
                        • 09-01-06
                        • 3008

                        #606
                        Originally posted by capitalist pig
                        For the record I was stopped out @ $2.51 here last week, good luck rage on your entry point of $2.46.

                        later
                        Yeah, I'm still hanging on here. It looks like oil is starting to rally here. Still waiting for the stock to move more however, as the current price is $2.57. I think the market overall will rally in the next couple of days due to the holiday effects that are generally in play. The market was able to hold the 1040 area on the S&P, and today, the rally shot up over resistance at the 1060 level, although there is no volume. So if I start to see a sell off tomorrow, I will jump on board and at least get out of the longs that I have, and that may include KOG if oil doesn't hold.

                        Regardless of how the market is rolling, I am now jumping out of my FCX and starting to go short again. So sometime today, my trailing stop will probably kick in and my advanced order will trigger a short position if it drops below the 200 DMA.
                        Comment
                        • k13
                          SBR Posting Legend
                          • 07-16-10
                          • 18104

                          #607
                          Originally posted by k13
                          Motorola (MOT) is still good value right now.
                          Up 10% already.

                          Still too cheap.
                          Comment
                          • obamaismyuncle
                            SBR Posting Legend
                            • 12-31-08
                            • 17801

                            #608
                            biggest back to back gains for the DOW in months
                            Comment
                            • fightingwarrior
                              Restricted User
                              • 05-06-10
                              • 7818

                              #609
                              how many trade stocks on this forum

                              im curious to get in but would like to talk to some one who is in it here and is a gambler like myself.
                              Comment
                              • flyingillini
                                SBR Aristocracy
                                • 12-06-06
                                • 41219

                                #610
                                I do on a daily basis. I just mess around with an AT account but my main portfolio is with ML.
                                המוסד‎
                                המוסד למודיעין ולתפקידים מיוחדים‎
                                Comment
                                • k13
                                  SBR Posting Legend
                                  • 07-16-10
                                  • 18104

                                  #611
                                  Mot almost 9 now.
                                  Comment
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