MarluvOil

Monday, April 23, 2012

CL +421.5 for Mar 2012

Weekly profits

+223.5
+158
+40

Total = +421.5 x 2 = $8430 for the month or march!

Friday, March 9, 2012

QM +185

I made +185 per 1C on QM this week for oil.

Thursday, March 1, 2012

CL +763 for Feb 2012

Made +763 ticks on oil for month of february 2012 per 1 contract!

Profits: $+7630

Sell off next week

I see a big selloff next week in the stock market! NQ will head down < 2480 area!! Currently NQ is trading at 2633.

Thursday, February 2, 2012

I see a major crash coming in the near future. Something is looming in the background to collapse this market big time. They are going to bring the NQ currently trading 2486 down to 2390 first the maybe a rally up back a bit and then lower.. I see NQ hitting 2200 and then 2048 eventually after many months of selling. There is going to be some really bad news hitting the tape either coming from USA, China or Europe.

It may be china slowing or a crash in the commercial real estate market. It may also come from Europe as Greek and a few other countries go default. I am not really sure where it comes from but I know that this market is a stack of dominos waiting to be knocked over. We will sell from 2500 to 2000 a -500 pt difference. We may also go lower.

Shiller is very bearish on the economy. He thinks we will sell each month for many months to come. My main guy is bullish. We need a flush for a major buying opportunity for the big bull rally into close this year. I have to keep eyes on the news.

Wednesday, February 1, 2012

Facebook will be a good IPO

The facebook thing will be a good IPO. This will catch many people off guard I think. An opening price of 70 will not be enough for the demand and it might open at around 90. It will then trade to 200-400 in the next fear years. Facebook will become a major competitor to Google's add program. Its as popular as google and demands more attention to user specific content. My guys are bearish on Facebook IPO but I'm actually bullish on the company short term and bearish long term. I don't think the fundamentals are strong enough!

Tuesday, January 17, 2012

+2% For Week

I made +2% last week because I was using 27% of size!