Dow Chem. Share Discussion Threads

[schosam] 13/8/2009 19:19

funny you should say that bakerboy. i've put my buy order at 9306

[bakerboy4112] 13/8/2009 19:17

Me 2 Schosam 9300 is on the cards

[schosam] 13/8/2009 19:12

think there could be a decent sell off into the close. i've added.

[btsuck] 13/8/2009 19:09

schosam, held my sep short...looking better. I've not really been following the market so i don't know the plan yet.

[btsuck] 13/8/2009 19:07

panther, i predicted the top in the oil market, the time and the price to within 50cents it think. I remember it well, i was sat on the window sill in the bedroom, and it was about late april, ealy may, i turned to the missus and said, i think it will hit 147, and probably when we are on holiday in august, but it did't stop me loosing money overall on the way.
I take comfort from the thought that the markets will always be there and if i stay disciplined i will do beter than ok, because my instincts are sensational!
My pet hate in 07-08 was that word \liquidity/, i had several internet rants about it at the time. I don't know if that qualifies for much, but i could see it coming, and i could see where all the cheap money was coming from. (I got out of the housing market at the top anyway.)
Buyouts, mergers, far east mainia and growth, olympics, US election coming up.
91+% (including me) of short term punters who spend time in forums, writing and reading, getting invloved, struggle to make money over a longer time frame. We get too close to the action, get sucked into the daily drama, rolled up like a rizla, smoked, and stubbed out.
Still could be worse, i could be armless

[schosam] 13/8/2009 19:00

not much of a "live" trading session...

[thepinkpanther] 13/8/2009 18:53

nice to know its a free market.......and answers questions why the majority lose!

[schosam] 13/8/2009 18:25

Goldman Sachs Earns Money The Old Fashioned Way....

[thepinkpanther] 13/8/2009 18:21

they all front run......go to the FSA and ull find out why they r never caught?

good luck all in one's sweet and innocent thoughts of how the world spins round.........no one is that clever unless they have insider info.......and insiders r privy to supply and demand!

[schosam] 13/8/2009 18:09

opec - if lp's giving you info on his trades, he is a crook. and he will get done for front running if anyone finds out he's passing info about his trades on to you.

[thepinkpanther] 13/8/2009 18:07

thats cos it is......
otherwise why do 90% of both investors and traders lose, where does all that money go...............into the few pi's that profit.........right!
did'nt u ever ask yourself where was all that money coming from to lend on this and that many many years ago and then like a bolt of lightning........oh dear we have no cash to lend and bang!
c'mon surely clever men could of seen that coming, especially those in charge of banks who know the balances?
its rubbish......its manipulated that way
and if history repeats itself with a depression, then whats likely to happen next.........

as Baron Nathan Mayer Rothschild quoted

"I care not what puppet is placed on
the throne of England to rule the Empire, ...
The man that controls Britain's money
supply controls the British Empire.
And I control the money supply."

[kooba] 13/8/2009 17:51

there should be a negative correlation between industrial/transport equities and the oil price but now its the all encompassing risk appetite where all assets seem to move in tandem...will return to normal in due course....perhaps once goldman has less of a position!! a further sharp rise in the oil price could test the markets resolve on a v shaped recovery thats for certain.

[haka7] 13/8/2009 17:51

LP's a crook hehe............but then again

[0pec] 13/8/2009 17:46

schosam - 13 Aug'09 - 17:35 - 53061 of 53063


yes, my view of goldmans is that they're a bunch of crooks.
============================================================




Don't say that...LP works for them.

[kooba] 13/8/2009 17:40

if $ starts to push ahead could be a weak session for dow.keeps threatening but keeps falling back.

[schosam] 13/8/2009 17:35

yes, my view of goldmans is that they're a bunch of crooks.

seems to me that news is now becoming more negative with talk of "too far, too fast", "double dip" etc. is the tide turning?

[thepinkpanther] 13/8/2009 17:29

did they not sell into oil at $150 etc while they were telling everyone to buy!

as i said before they were damned if they did or did not, if they had sat back the globe would have imploded and as we have yet to find out will the huge amount of printed money cause a similiar outcome..........someones gonna make shed loads of interest and we will be forever paying the debt!

[kooba] 13/8/2009 17:29

short dow 9373..watching $

[kooba] 13/8/2009 17:27

maybe goldman want a replay seems to have worked for them last time and they got rid of bear sterns and lehman!!!

Roubini: If Oil Hits $100 pb the Global Economy Risks a Double-Dip Recession
By editor|Aug 12, 2009, 2:18

The global economy still risks a double-dip recession if oil prices spike toward $100 pb and the shock would be similar to the one felt last year when oil hit $145+, Nouriel Roubini, professor of economics and chairman of RGE Monitor, told CNBC.

While the risk of a depression has been practically eliminated by the massive govt. liquidity injections, "we are [still] in the middle of the worst recession in 60 years," Roubini, who now prefers to be called "Dr. Realist vs Dr. Doom" said on "Squawk Box."

Roubini also noted during his interview that the rallying stock market may have gotten ahead of itself. "Asset prices should go higher, the question is too much, too soon, too high," he said. " In my view there is the risk of a correction," he added.

According to Roubini, financial institutions still face some downside risks.

[btsuck] 13/8/2009 17:23

In essence (no pun intended) the whole future of the worlds perceived well being is based on goldmans stubborn oil positions.
It doesn't really matter how many bods are out of work, the numbers can always stop going down so much, so they get better. Plus poor folk die sooner.
Company profits, well again, whatever!
Consumers accounts for 78% of consumers according to waffle, but the fact they're not consuming is not a problem either really. The market is forward looking, and looking forward there will soon be another generation of consumers over time.
It's all down to the oil price...and as long as goldmans decide it should be high, all is good.
In goldman we trust.

[0pec] 13/8/2009 17:20

Remember i specialise in swing trading.


If im expecting a 200/300 point drop...and it goes against me by 40 points.

No different to 2000/3000 point drop and it goes against me by 400 points.





Lets keep it simple.

[thepinkpanther] 13/8/2009 17:16

spenny

Opec does not make the calls he repeats them
and we shall see if he or craig r correct........