19 replies to this topic

[mdwllc]

Creating new commodity thread. Link to older precious metal thread is:
http://www.traders-t...showtopic=95592

12/3: Bot DXO [long 3.0X Oil] @ 3.10; bot DXDBX [long 2.5X US$] @ 43.75; bot TBT [short US 20 Bonds] @ 44.85...Best MDW

12/5: Removed hedge of DZZ @ 34.00; added to positions in CEF @ 8.95; AUY @ 4.50; TRE @ 2.60...Best MDW

12/11: Stopped out of DXDBX @ 40.25 [loss of 3.50/sh]; reinvested residual funds in DXDDX [short 2.5X US$] @ 18.20...Best MDW

12/12: Stopped out of CEF @10.05 and TBT @ 42.50; took profits in TRE @ 3.50; AUY @ 6.25; DXO @ 3.25. Will reestablish various positions next week after OPEC etc. Have a great weekend....Best MDW

12/14: Thoughts after spending the weekend with the models:
Petro: Believe hit the up cycle Friday 12/12 and will be moving down into the 12/22 - 1/7 time frame.
Precious Metals: a cycle high is coming in between last Friday 12/12 to Wednesday 12/17 most likely around the 840 area. I plan to reestablish the funds from 12/12 at that time frame. In the meantime, I will establish a hedge using DZZ for the remaining portion of my allocation to PM's.
US$: Will be looking to reverse current short position around the 8300 area.
Indicies: Frankly, this sector makes me extremely nervous as I see a major down move becoming a high probability. Price action this Wednesday 12/17 will be significant. I will be establishing a short position of some type...will post when I make my decision.
Best...MDW

12/15: Closed out positons in NG @ 1.51 [1.55sh loss] AXU @ 0.87 [0.12sh loss]; established precious metal hedge with DZZ @ 12.75; sold DXDBX @ 55.87 transferred funds into DXDDX @ 19.98 [long US$]

Best...MDW

[dougie]

OUCH

[mdwllc]

OUCH

You can say that again...I've learned an expensive lesson...I didn't do the due dilligence required on these miners and didn't understand the credit crunch impact on on them being able to either fund operations or the impact on their inability to purchase warrants....part of the learning curve...and I want to think through my strategy in the miner sector before I go back into the area around the 12/26 timeframe...Best

[mdwllc]

Creating new commodity thread. Link to older precious metal thread is:
http://www.traders-t...showtopic=95592

12/3: Bot DXO [long 3.0X Oil] @ 3.10; bot DXDBX [long 2.5X US$] @ 43.75; bot TBT [short US 20 Bonds] @ 44.85...Best MDW

12/5: Removed hedge of DZZ @ 34.00; added to positions in CEF @ 8.95; AUY @ 4.50; TRE @ 2.60...Best MDW

12/11: Stopped out of DXDBX @ 40.25 [loss of 3.50/sh]; reinvested residual funds in DXDDX [short 2.5X US$] @ 18.20...Best MDW

12/12: Stopped out of CEF @10.05 and TBT @ 42.50; took profits in TRE @ 3.50; AUY @ 6.25; DXO @ 3.25. Will reestablish various positions next week after OPEC etc. Have a great weekend....Best MDW

12/14: Thoughts after spending the weekend with the models:
Petro: Believe hit the up cycle Friday 12/12 and will be moving down into the 12/22 - 1/7 time frame.
Precious Metals: a cycle high is coming in between last Friday 12/12 to Wednesday 12/17 most likely around the 840 area. I plan to reestablish the funds from 12/12 at that time frame. In the meantime, I will establish a hedge using DZZ for the remaining portion of my allocation to PM's.
US$: Will be looking to reverse current short position around the 8300 area.
Indicies: Frankly, this sector makes me extremely nervous as I see a major down move becoming a high probability. Price action this Wednesday 12/17 will be significant. I will be establishing a short position of some type...will post when I make my decision.
Best...MDW

12/15: Closed out positons in NG @ 1.51 [1.55sh loss] AXU @ 0.87 [0.12sh loss]; established precious metal hedge with DZZ @ 12.75; sold DXDBX @ 55.87 transferred funds into DXDDX @ 19.98 [long US$]

Best...MDW

12/17: Added to DZZ @ 25.25; initiated equity hedge positions with DXD @ 67.10 and QID @ 64.35...Best MDW

[mdwllc]

Creating new commodity thread. Link to older precious metal thread is:
http://www.traders-t...showtopic=95592

12/3: Bot DXO [long 3.0X Oil] @ 3.10; bot DXDBX [long 2.5X US$] @ 43.75; bot TBT [short US 20 Bonds] @ 44.85...Best MDW

12/5: Removed hedge of DZZ @ 34.00; added to positions in CEF @ 8.95; AUY @ 4.50; TRE @ 2.60...Best MDW

12/11: Stopped out of DXDBX @ 40.25 [loss of 3.50/sh]; reinvested residual funds in DXDDX [short 2.5X US$] @ 18.20...Best MDW

12/12: Stopped out of CEF @10.05 and TBT @ 42.50; took profits in TRE @ 3.50; AUY @ 6.25; DXO @ 3.25. Will reestablish various positions next week after OPEC etc. Have a great weekend....Best MDW

12/14: Thoughts after spending the weekend with the models:
Petro: Believe hit the up cycle Friday 12/12 and will be moving down into the 12/22 - 1/7 time frame.
Precious Metals: a cycle high is coming in between last Friday 12/12 to Wednesday 12/17 most likely around the 840 area. I plan to reestablish the funds from 12/12 at that time frame. In the meantime, I will establish a hedge using DZZ for the remaining portion of my allocation to PM's.
US$: Will be looking to reverse current short position around the 8300 area.
Indicies: Frankly, this sector makes me extremely nervous as I see a major down move becoming a high probability. Price action this Wednesday 12/17 will be significant. I will be establishing a short position of some type...will post when I make my decision.
Best...MDW

12/15: Closed out positons in NG @ 1.51 [1.55sh loss] AXU @ 0.87 [0.12sh loss]; established precious metal hedge with DZZ @ 12.75; sold DXDBX @ 55.87 transferred funds into DXDDX @ 19.98 [long US$]

Best...MDW

12/17: Added to DZZ @ 25.25; initiated equity hedge positions with DXD @ 67.10 and QID @ 64.35...Best MDW

12/22: Added DXO [long petro 2.5X] @ 2.45...Best MDW

[mdwllc]

Creating new commodity thread. Link to older precious metal thread is:
http://www.traders-t...showtopic=95592

12/3: Bot DXO [long 3.0X Oil] @ 3.10; bot DXDBX [long 2.5X US$] @ 43.75; bot TBT [short US 20 Bonds] @ 44.85...Best MDW

12/5: Removed hedge of DZZ @ 34.00; added to positions in CEF @ 8.95; AUY @ 4.50; TRE @ 2.60...Best MDW

12/11: Stopped out of DXDBX @ 40.25 [loss of 3.50/sh]; reinvested residual funds in DXDDX [short 2.5X US$] @ 18.20...Best MDW

12/12: Stopped out of CEF @10.05 and TBT @ 42.50; took profits in TRE @ 3.50; AUY @ 6.25; DXO @ 3.25. Will reestablish various positions next week after OPEC etc. Have a great weekend....Best MDW

12/14: Thoughts after spending the weekend with the models:
Petro: Believe hit the up cycle Friday 12/12 and will be moving down into the 12/22 - 1/7 time frame.
Precious Metals: a cycle high is coming in between last Friday 12/12 to Wednesday 12/17 most likely around the 840 area. I plan to reestablish the funds from 12/12 at that time frame. In the meantime, I will establish a hedge using DZZ for the remaining portion of my allocation to PM's.
US$: Will be looking to reverse current short position around the 8300 area.
Indicies: Frankly, this sector makes me extremely nervous as I see a major down move becoming a high probability. Price action this Wednesday 12/17 will be significant. I will be establishing a short position of some type...will post when I make my decision.
Best...MDW

12/15: Closed out positons in NG @ 1.51 [1.55sh loss] AXU @ 0.87 [0.12sh loss]; established precious metal hedge with DZZ @ 12.75; sold DXDBX @ 55.87 transferred funds into DXDDX @ 19.98 [long US$]

Best...MDW

12/17: Added to DZZ @ 25.25; initiated equity hedge positions with DXD @ 67.10 and QID @ 64.35...Best MDW

12/22: Added DXO [long petro 2.5X] @ 2.45...Best MDW

12/24: Addred BQI [Canadian Oil Sands] @ 0.66...Best and Merry Christmas! MDW

[mdwllc]

Creating new commodity thread. Link to older precious metal thread is:
http://www.traders-t...showtopic=95592

12/3: Bot DXO [long 3.0X Oil] @ 3.10; bot DXDBX [long 2.5X US$] @ 43.75; bot TBT [short US 20 Bonds] @ 44.85...Best MDW

12/5: Removed hedge of DZZ @ 34.00; added to positions in CEF @ 8.95; AUY @ 4.50; TRE @ 2.60...Best MDW

12/11: Stopped out of DXDBX @ 40.25 [loss of 3.50/sh]; reinvested residual funds in DXDDX [short 2.5X US$] @ 18.20...Best MDW

12/12: Stopped out of CEF @10.05 and TBT @ 42.50; took profits in TRE @ 3.50; AUY @ 6.25; DXO @ 3.25. Will reestablish various positions next week after OPEC etc. Have a great weekend....Best MDW

12/14: Thoughts after spending the weekend with the models:
Petro: Believe hit the up cycle Friday 12/12 and will be moving down into the 12/22 - 1/7 time frame.
Precious Metals: a cycle high is coming in between last Friday 12/12 to Wednesday 12/17 most likely around the 840 area. I plan to reestablish the funds from 12/12 at that time frame. In the meantime, I will establish a hedge using DZZ for the remaining portion of my allocation to PM's.
US$: Will be looking to reverse current short position around the 8300 area.
Indicies: Frankly, this sector makes me extremely nervous as I see a major down move becoming a high probability. Price action this Wednesday 12/17 will be significant. I will be establishing a short position of some type...will post when I make my decision.
Best...MDW

12/15: Closed out positons in NG @ 1.51 [1.55sh loss] AXU @ 0.87 [0.12sh loss]; established precious metal hedge with DZZ @ 12.75; sold DXDBX @ 55.87 transferred funds into DXDDX @ 19.98 [long US$]

Best...MDW

12/17: Added to DZZ @ 25.25; initiated equity hedge positions with DXD @ 67.10 and QID @ 64.35...Best MDW

12/22: Added DXO [long petro 2.5X] @ 2.45...Best MDW

12/26: Removed hedge by selling DZZ @ 27.15; added DGP @ 16.96...Best MDW

[mdwllc]

Creating new commodity thread. Link to older precious metal thread is:
http://www.traders-t...showtopic=95592

12/3: Bot DXO [long 3.0X Oil] @ 3.10; bot DXDBX [long 2.5X US$] @ 43.75; bot TBT [short US 20 Bonds] @ 44.85...Best MDW

12/5: Removed hedge of DZZ @ 34.00; added to positions in CEF @ 8.95; AUY @ 4.50; TRE @ 2.60...Best MDW

12/11: Stopped out of DXDBX @ 40.25 [loss of 3.50/sh]; reinvested residual funds in DXDDX [short 2.5X US$] @ 18.20...Best MDW

12/12: Stopped out of CEF @10.05 and TBT @ 42.50; took profits in TRE @ 3.50; AUY @ 6.25; DXO @ 3.25. Will reestablish various positions next week after OPEC etc. Have a great weekend....Best MDW

12/14: Thoughts after spending the weekend with the models:
Petro: Believe hit the up cycle Friday 12/12 and will be moving down into the 12/22 - 1/7 time frame.
Precious Metals: a cycle high is coming in between last Friday 12/12 to Wednesday 12/17 most likely around the 840 area. I plan to reestablish the funds from 12/12 at that time frame. In the meantime, I will establish a hedge using DZZ for the remaining portion of my allocation to PM's.
US$: Will be looking to reverse current short position around the 8300 area.
Indicies: Frankly, this sector makes me extremely nervous as I see a major down move becoming a high probability. Price action this Wednesday 12/17 will be significant. I will be establishing a short position of some type...will post when I make my decision.
Best...MDW

12/15: Closed out positons in NG @ 1.51 [1.55sh loss] AXU @ 0.87 [0.12sh loss]; established precious metal hedge with DZZ @ 12.75; sold DXDBX @ 55.87 transferred funds into DXDDX @ 19.98 [long US$]

Best...MDW

12/17: Added to DZZ @ 25.25; initiated equity hedge positions with DXD @ 67.10 and QID @ 64.35...Best MDW

12/22: Added DXO [long petro 2.5X] @ 2.45...Best MDW

12/26: Removed hedge by selling DZZ @ 27.15; added DGP @ 16.96...Best MDW

12/30: Added to DXO @ 2.12; CEF @ 10.95...Best MDW

[mdwllc]

Creating new commodity thread. Link to older precious metal thread is:
http://www.traders-t...showtopic=95592

12/3: Bot DXO [long 3.0X Oil] @ 3.10; bot DXDBX [long 2.5X US$] @ 43.75; bot TBT [short US 20 Bonds] @ 44.85...Best MDW

12/5: Removed hedge of DZZ @ 34.00; added to positions in CEF @ 8.95; AUY @ 4.50; TRE @ 2.60...Best MDW

12/11: Stopped out of DXDBX @ 40.25 [loss of 3.50/sh]; reinvested residual funds in DXDDX [short 2.5X US$] @ 18.20...Best MDW

12/12: Stopped out of CEF @10.05 and TBT @ 42.50; took profits in TRE @ 3.50; AUY @ 6.25; DXO @ 3.25. Will reestablish various positions next week after OPEC etc. Have a great weekend....Best MDW

12/14: Thoughts after spending the weekend with the models:
Petro: Believe hit the up cycle Friday 12/12 and will be moving down into the 12/22 - 1/7 time frame.
Precious Metals: a cycle high is coming in between last Friday 12/12 to Wednesday 12/17 most likely around the 840 area. I plan to reestablish the funds from 12/12 at that time frame. In the meantime, I will establish a hedge using DZZ for the remaining portion of my allocation to PM's.
US$: Will be looking to reverse current short position around the 8300 area.
Indicies: Frankly, this sector makes me extremely nervous as I see a major down move becoming a high probability. Price action this Wednesday 12/17 will be significant. I will be establishing a short position of some type...will post when I make my decision.
Best...MDW

12/15: Closed out positions in NG @ 1.51 [1.55sh loss] AXU @ 0.87 [0.12sh loss]; established precious metal hedge with DZZ @ 12.75; sold DXDBX @ 55.87 transferred funds into DXDDX @ 19.98 [long US$]

Best...MDW

12/17: Added to DZZ @ 25.25; initiated equity hedge positions with DXD @ 67.10 and QID @ 64.35...Best MDW

12/22: Added DXO [long petro 2.5X] @ 2.45...Best MDW

12/26: Removed hedge by selling DZZ @ 27.15; added DGP @ 16.96...Best MDW

12/30: Added to DXO @ 2.12; CEF @ 10.95...Best MDW

12/31: Was stopped out of CEF position @ 11.06. My last posting was apparently deleted in that I gave my reasons for
making this my last post. Apparently the board didn't want to hear the reason and censored it. I wish you all the best and
bid you 'adieu'. MDW

[dougie]

why you leaving us: i have loved your posts!