tag:blogger.com,1999:blog-2335748440449035592.post3851326300428254470..comments2008-06-24T13:56:39.220-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-2335748440449035592.post-90968891458698378912008-06-24T13:56:00.000-04:002008-06-24T13:56:00.000-04:00I am hoping MTL would stop falling...MiMihttp://www.blogger.com/profile/00612272222362424442noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-79776381617904506342008-06-24T11:07:00.000-04:002008-06-24T11:07:00.000-04:00Tomorrow could be positive or later today in fact in anticipation of tomorrow<BR/><BR/>remember, the Fed is our god, so they will save us. By doing nothing. And there are 4 good companies reporting tomorrow which will then be touted by CNBC as "people are overblowing the situation"<BR/><BR/>Combined with a market that is down 7% straight in 3 weeks you have ripe conditions for an oversold rally for the short term at least. <BR/><BR/>Very rarely do you go straight down - January 2008 was one of those times but thats an outlier - there was no let up in that move. March 2008, November 2007 and August 2007 were more typical periods - where you still had rallies within vicious selloffs.<BR/><BR/>Thats why i got caught badly in january 08.. I was playing how selloffs typically play out - that was the mother of selloffs. 15% straight down.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-61525388070245944642008-06-24T11:01:00.000-04:002008-06-24T11:01:00.000-04:00I thoguht so.. Thats why I went for leaps calls..but still for a trade...<BR/><BR/>Waiting for that fear to hit the market soon (may be tommorow)!<BR/><BR/>Cheers,Pankajhttp://www.blogger.com/profile/13478816568647309907noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-42013909024899135532008-06-24T10:50:00.000-04:002008-06-24T10:50:00.000-04:00Nuclear is a long term play, these plants take a long time to build and thus increase need for uranium.<BR/><BR/>However, all you need is market sentiment to move in that direction and it won't matter that it is going to take a long time for this to truly ramp. As long as Cramer says so then those can go. For a 5 year time horizon its a good way to play or you can use ETF NLR. But it won't be dramatic change in usage/prices in short periods like fertilizer, or coal.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-3066048817075786422008-06-24T10:47:00.000-04:002008-06-24T10:47:00.000-04:00Uranium is getting some lift I saw on Bloomberg news .. India demand makes the price to $90 it said. Any comments on getting long CCJ? FYI, I bought some calls on CCJ. <BR/><BR/><BR/>Cheers...Pankajhttp://www.blogger.com/profile/13478816568647309907noreply@blogger.com