Recent content by BondTrader_IHB

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    Economic Commentary

    The U.S. nonfarm payroll report was a huge surprise and a complete disconnect from just about everything we saw regarding the U.S. labour market in November. This is not to suggest that the pace of decline in employment is failing to subside, but rather the magnitude of the improvement in the so...
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    Gold

    Looks like for having Panda stop talking about Gold for a couple days, we get a good pull back today. :)
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    Natural Gas ETF

    As I mentioned several times on this thread, UNG is a typical "DOG" stock with a long term down trend and no foundamental support. A couple quick thoughts on this; 1. At this level, technically you can catch a dead cat bounce from here to about 10.50-11 area, looks like a high probability trade...
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    Gold

    LOL, I totally agree that this market doesn't make a lot sense fundamentally and I try not to use historical references to evaluate today's market. We are in a new world anyways, it's all about momentum and dollar.
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    Gold

    Panda, a couple quick thoughts on your recent behavior 1. You really need to calm down and stop paying attention to daily volatility of gold future prices. Turn your screen off for 6months and come back to see where gold is at by then. You are a long term INVESTOR, so behave like one and stick...
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    Economic Commentary

    I typically start a position with 25 shares and 4 points stop (not applying to anything less than $20 or options), so the most I will lose is $100. If it moves in my favor, then I will add to my positions when it pulls back establishing higher lows or breakout with new highs. Nothing goes...
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    Economic Commentary

    To me, regardless short or long, I try to ride the trend and get in LATE and get out EARLY, just like you've described to wait patiently for the trend to establish and prove itself. Man, I almost forget about panada challenge.... too busy with real money lately, lol.
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    Economic Commentary

    This is a little off the topic, but very important so I'd like to share it here. Attached is a daily chart on UUP (US dollar ETF), we are clearly still in a down trend, noticed the circled lower highs and lower lows? So while I'm playing a quick rebound of dollar and shorting the stock market...
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    Economic Commentary

    LOL, I'm totally with you on this.
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    My Trading Blog

    I just moved my blog to a new host with improved layout and forum, welcome to drop by and leave comments. http://www.starinocean.com/iceman/welcome
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    Economic Commentary

    LoL, good one. And Markets always climb a wall of worry.
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    Economic Commentary

    In summry, we are breaking record on every single foreclosure measure%
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    Gold

    Count me in, Dec GLD 105 put and UUP for a TRADE. Oil took about 8 yrs to finally reach a peak. It's roughly the same for Gold ($255 around beginning of 2001). We remember all too well how oil had its runup before it crushes, not to mention the angle of ascent for oil is a lot steeper. With...
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    Economic Commentary

    In the latest fiscal foray, the Administration is using taxpayer money to subsidize the homebuilders — no other sector in the economy receives so much favorable treatment and yet the industry adds so little to productivity growth. As part of the extension of Fiscal Stimulus 1 (they don’t dare...
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