[MrPrena]

Originally Posted by NemesisX

With any luck we'll see a rebound to all time highs at ~$40/share and you can start a new campaign - AMD for Fer-ra-ri

LOL.
My wife is extremely unhappy with the AMD for AMG going bust this year.
I am also trying to make a new campaign called buy a "2014/5 Porsche GT3 for $2500 w/ RSH CALL" .

The inverse oil etf (now mainly mixed with -1,-2,-3x inv) is all going into savings.

I got the AMD around 2012 when it was about 2.50/sr. Sold it about 12mo later for 4.30ish. Sweeter part is, it is capital gains taxes!

I still think hitting 12/sr for AMD is totally possible with the seamicro servers. AMD recently hired former DELL executives as well.

Rory Reed (former CEO) tried very best coming from Lenovo, but didn't work out. I think Lisa Su is the future. I've heard every conference call since 2012, and Lisa (when she was COO) was smarter than the CFO and CEO combined.


http://i60.tinypic.com/15qr9t2.jpg

[deeLow]

Hmm, you've got me thinking about hopping in on something.

While I do believe AMD is in major trouble with the PC industry, I believe they can make a strong comeback on the tail of gaming consoles. I think I might jump in later in the morning depending on anything else I might find.

I'm not really sure how to take this new news of Su's stock option restructuring.

[F1Venom]

AMD needs something big to get it out of this slump. I do like the heavy volume from July though. I'll watch for it to consistently rally before entering a long.

[deeLow]

Originally Posted by F1Venom

AMD needs something big to get it out of this slump. I do like the heavy volume from July though. I'll watch for it to consistently rally before entering a long.

Yea, that's why I'm still sitting out. Looks like shares are holding steady at 2.6x, looking for more stability or a drop to 2.4/5 before I enter.

Also waiting to see how the gaming industry fared this holiday to further tell how AMD did regarding sales.

[NemesisX]

Originally Posted by MrPrena

LOL.
My wife is extremely unhappy with the AMD for AMG going bust this year.
I am also trying to make a new campaign called buy a "2014/5 Porsche GT3 for $2500 w/ RSH CALL" .

The inverse oil etf (now mainly mixed with -1,-2,-3x inv) is all going into savings.

I got the AMD around 2012 when it was about 2.50/sr. Sold it about 12mo later for 4.30ish. Sweeter part is, it is capital gains taxes!

I still think hitting 12/sr for AMD is totally possible with the seamicro servers. AMD recently hired former DELL executives as well.

Rory Reed (former CEO) tried very best coming from Lenovo, but didn't work out. I think Lisa Su is the future. I've heard every conference call since 2012, and Lisa (when she was COO) was smarter than the CFO and CEO combined.


http://i60.tinypic.com/15qr9t2.jpg

Lucky! I completely missed the boat on the inverse oil ETFs

[F1Venom]

Nice day for the metals and miners today, let's hope the trend continues.
Any thoughts on what the market will do in January? Last year it sold off.
I also have 2140 SPX as the top, which is 50 or so pts off the current highs.

[MrPrena]

Originally Posted by NemesisX

Lucky! I completely missed the boat on the inverse oil ETFs

Well, when the oil is beat up , we can always go long and pick up about 33%.

I know 25% isn't much, but we can always mix it up with +2x

I think Crude Oil will probably rebound to 65+ during summer. I just hope it will fall down to 45ish this winter.

[F1Venom]

Just saw gas for $1.68 here in St. Louis. Can't wait to go long /CL on the rebound.

[MrPrena]

Lots of people are starting to go LONG on Crude Oil right now (won't mention name of the firm). I would not yet do that.
Too many shalers in US right now. One of the guy I know is a truck driver for shaler, and they are working around the clock, Overtime, and constantly hiring right now. It was little surprising to see that even at < 55/barrel.

This is ONLY a flexing our muscle. Wait till we go full blown pumping.
Normally, we can say Crude will rebound upto 85ish, but I only see upto high 60s this time due to excessive change in supply.

Shale Shale Shale!


http://finance.yahoo.com/news/oil-se...023148112.html

[F1Venom]

Ugh, metals are hurting today. I wouldn't be too surprised if they set new lows early next year. I'm glad I'm not too heavy on the calls, but I should've taken profits when I was holding baggers.

[gatorfast]

Where has Macht been? Havent heard his thoughts on the market in a while.

[PSUSMU]

Originally Posted by gatorfast

Where has Macht been? Havent heard his thoughts on the market in a while.

Retired.

[deeLow]

Originally Posted by PSUSMU

Retired.

That's unfortunate.

[roastbeef]

whats everyone's take on investing in oil?

[F1Venom]

Anyone besides me long NUGT, SLV and NEM?

[NemesisX]

Brutal start to January. The bulk of my money is in SPY. Already down nearly 5% for the month

[NemesisX]

Originally Posted by roastbeef

whats everyone's take on investing in oil?

Try and guess the bottom and buy low. Easier said than done

[F1Venom]

Originally Posted by NemesisX

Try and guess the bottom and buy low. Easier said than done

Well the trend has been to buy at the first strong green day off lows which come after sell-offs like this.

[MrPrena]

Originally Posted by roastbeef

whats everyone's take on investing in oil?

Originally Posted by NemesisX

Try and guess the bottom and buy low. Easier said than done

I am about to "change" all to -1x now. (majority are all -1x now)
Then, I am going to wach on sideline when it hits 45ish or lower.
After that, i will go long with combo of +1,2,3x ETF.

Gonna play it safer on guessing the bottom. I am not going to be greedy and find the relative minimum point on oil.

[F1Venom]

Don't even bother with worrying about the bottom. I'll just go long when it enters an uptrend.

[MrPrena]

Speaking of guessing the bottom, I get 3 all retarded answer from top ANALylist and Energy Economist.

1. Energy economist that I know (which I think he is still stupid) thinks that stupid oil will hit 100+ this summer, because of excessive MS and other countries excessive QEing, and falling currencies relative to USD.
*Waste of time listening to this clown*

2. Two ANALysts from a place I use to work thinks he will hit about $39 US Crude (not brent), but it will go up to 80s.
*I agree upto MAYBE 39, but high80s on summer is even bigger maybe.

This year's oil prediction will be one of the hardest. I would like to factor in the Chinese production and auto and durable as well.
One main scenerio which I think oil MIGHT hit 80s, is that some of the oil producing companies/countries just couldn't pump more at price where it is at.

we still have too many
"Shale Shale Shale!"
"OT OT OT!"
"Now hiring at oil transport!"

@49/barrel

[MrPrena]

Interesting.....

http://247wallst.com/energy-business...falling-to-30/