[MrPrena]

Originally Posted by 1MOREMOD

So get creative sell some drugs. Loan shark whatever

You should invest in dispensery. I don't think the profit margins are not as good as some pharma, but I am sure with your job+dispensary, you will be making close to 10x return minus fixed.

[MrPrena]

TWTR CALL DEC 28th?

Strike Last Bid Ask Change
27.00 TWTR151218C00027000 0.67 0.66 0.68 0.09

[ska///235i]

Originally Posted by MrPrena

TWTR CALL DEC 28th?

Strike Last Bid Ask Change
27.00 TWTR151218C00027000 0.67 0.66 0.68 0.09

Mrprena,

Since you have first hand experience with trading uwti, what are some things to look out for?

I heard there are expensive fees with this. Can you give me an idea?

So I just want to buy low and sell high (like 5-7% gain)? Hahaha I know these are dumb questions

[CANGRKE70]

Now that weed is going to be legal in Canada thanks to our Liberal Government, what do you guys think about the medical marijuana companies like APH, MT, CGC and OGI?

[ska///235i]

Can someone explain free riding on those that doesnt have a margin account?

Lets say I sold $1000 of ABC shares today and bought $1000 XYZ shares shortly after (same day). I can't sell my current XYZ shares until when...Friday???

T+3 is 4 business days correct?

[MrPrena]

Originally Posted by ska///235i

Can someone explain free riding on those that doesnt have a margin account?

Lets say I sold $1000 of ABC shares today and bought $1000 XYZ shares shortly after (same day). I can't sell my current XYZ shares until when...Friday???

T+3 is 4 business days correct?

T+3 is not for buying or selling.
It is for availability of fund you sold.

u sold abc and u need to wait T+3 for that fund to be available as liquidable mm fund.

[M3Bimmer77]

Is USO ever going to go up again!!!!

[ska///235i]

Originally Posted by MrPrena

T+3 is not for buying or selling.
It is for availability of fund you sold.

u sold abc and u need to wait T+3 for that fund to be available as liquidable mm fund.

Yes thats what I was trying to say

Unfunded

[MrPrena]

Originally Posted by M3Bimmer77

Is USO ever going to go up again!!!!

It should soon.
Even middle school kids think that oil is too cheap right now, and laughing at SHiti and Goldmumsucks analysts.

[M3Bimmer77]

Originally Posted by MrPrena

It should soon.
Even middle school kids think that oil is too cheap right now, and laughing at SHiti and Goldmumsucks analysts.

It should. I have some in there and would like to see it soon. Check Tesla. Is going up again

[ska///235i]

Oil is at $40 a barrel and inventory is high...bad news

[ASBSECU E93]

Originally Posted by ska///235i

Oil is at $40 a barrel and inventory is high...bad news

Agree - don't think it has seen the bottom yet....

[Xtabi]

MSFT is on the way to $60!

[MrPrena]

Originally Posted by ska///235i

Oil is at $40 a barrel and inventory is high...bad news

39-42 fluctuation

http://www.m3post.com/forums/showpos...postcount=3425

[Rich150001]

Waiting for the OPEC meeting on friday, but I doubt they will cease production.

[mact3333]

1. Swapped out my kids 529 accounts into cash today, are we at THE top right now, probably not, but trying to catch the last 10% of the rally is for suckers...imho....when it goes, it will go fast and before most realize what is happening...while many will expect a selloff, they will expect usual 10-20% correction but it will go beyond that...when mom/pop panic, thats when you must commit for the long term again to maximize your returns.

2. If you trade oil base on inventory, you will lose...oil is traded in USD and money supply reigns supreme here...oil has been hammered not due to inventories, but because everyone knows interest rates are going to go up leading to a contraction of the money supply, hence the dollar has been strong ...US dollar goes up, commodities must come down.

3. I told you guys 3 years ago we were going to make new all time highs and we were going to rally for a long time...not sure many believed me at the time...now we are getting really close to that top...too early to short now but no need to be aggressively long either....prudent to be cautious now....Bernanke and Yellen have always made it clear what to do...most things can be explained by the expansion/contraction of the money supply and how humans respond to this.

All JMHO of course.

[ska///235i]

Originally Posted by mact3333

1. Swapped out my kids 529 accounts into cash today, are we at THE top right now, probably not, but trying to catch the last 10% of the rally is for suckers...imho....when it goes, it will go fast and before most realize what is happening...while many will expect a selloff, they will expect usual 10-20% correction but it will go beyond that...when mom/pop panic, thats when you must commit for the long term again to maximize your returns.

2. If you trade oil base on inventory, you will lose...oil is traded in USD and money supply reigns supreme here...oil has been hammered not due to inventories, but because everyone knows interest rates are going to go up leading to a contraction of the money supply, hence the dollar has been strong ...US dollar goes up, commodities must come down.

3. I told you guys 3 years ago we were going to make new all time highs and we were going to rally for a long time...not sure many believed me at the time...now we are getting really close to that top...too early to short now but no need to be aggressively long either....prudent to be cautious now....Bernanke and Yellen have always made it clear what to do...most things can be explained by the expansion/contraction of the money supply and how humans respond to this.

All JMHO of course.

Thanks, I agree

Im waiting to buy at the lowest prices and hopefully 10-20 years from now I can retire comfortablely...wishful thinking lol

[Rich150001]

Originally Posted by mact3333

1. Swapped out my kids 529 accounts into cash today, are we at THE top right now, probably not, but trying to catch the last 10% of the rally is for suckers...imho....when it goes, it will go fast and before most realize what is happening...while many will expect a selloff, they will expect usual 10-20% correction but it will go beyond that...when mom/pop panic, thats when you must commit for the long term again to maximize your returns.

2. If you trade oil base on inventory, you will lose...oil is traded in USD and money supply reigns supreme here...oil has been hammered not due to inventories, but because everyone knows interest rates are going to go up leading to a contraction of the money supply, hence the dollar has been strong ...US dollar goes up, commodities must come down.

3. I told you guys 3 years ago we were going to make new all time highs and we were going to rally for a long time...not sure many believed me at the time...now we are getting really close to that top...too early to short now but no need to be aggressively long either....prudent to be cautious now....Bernanke and Yellen have always made it clear what to do...most things can be explained by the expansion/contraction of the money supply and how humans respond to this.

All JMHO of course.

I think no one has quite understood oil yet, however I have some close friends who are playing oil based on inventory, as well as other factors. They are shorting oil (holding for as little as a couple of hours to holding for an entire day) and have been quite successful.

I would join the bandwagon, but am honestly just too busy at work to play that game.

[MrPrena]

Past 7 days (especially today) I got F'ed pretty hard on UWTI...

[ska///235i]

Originally Posted by MrPrena

Past 7 days (especially today) I got F'ed pretty hard on UWTI...

Dawm I thought you sold it already

[MrPrena]

Originally Posted by ska///235i

Dawm I thought you sold it already

If it goes up to 45, I am most likely far ahead.

My prediction was, it would probably see another 39 to 49 to back to 38 before March or Aprl Contract. So, I was on UWTI then back down to DWTI, and then more consevative USO/UCO.

Everyday, it looks like my prediction was wrong.

[ska///235i]

Ok, Im going to invest some $ in USO and let it sit for 5-7 years

Any comments/advise?