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ebola, hong kong, and Russia got the markets fukked up right now
With the way energy has taken a beating and considering Russia's standing in the world... been looking at OGZPY.
.
I am getting killed on paper right about now. I know you gotta dig in and stay the course but when your down 40 percent (WAVX) and 60 percent (CERE) i got that look. I need to take a break and not watch for a while.
i said fukk it and opened a position in XLE calls at the end of Tuesday. Rough start so far but hopefully Oil can get some momentuWith the way energy has taken a beating and considering Russia's standing in the world... been looking at OGZPY.
Trading at 0.27 P/B right now.
Should be able to triple or quadruple your money over the next few years... assuming we don't get into WWIII.
Also... just saw Athlon Energy is getting bought up. Major shareholder is Apollo, also a major holder of my EP Energy. Get to work on this bytch.
i hope soWe hopping back on the E&P wave again brehs? Saudis cutting production to defend price levels, as they always do. Prices should stabilize and climb a bit going forward.
This article got me unnecessarily excited.i hope so
I got two solid months. My ass should've stuck to the S&P500 / Consumer Discretionary sector like I know how though.This article got me unnecessarily excited.
http://www.bloomberg.com/news/2014-...ices-as-saudis-cut-production.html?cmpid=yhoo
I havent been able to find anything anywhere else about them cutting output. Its being reported everywhere that theyre cutting price to defend market share. Not looking good.
I am getting killed on paper right about now. I know you gotta dig in and stay the course but when your down 40 percent (WAVX) and 60 percent (CERE) i got that look. I need to take a break and not watch for a while.
In 2012, US market-maker Knight Capital Group almost went bankrupt after it lost more than $450m when its computers made erroneous orders that couldn't be undone. The firm was later sold.
paper trading? or are those potential losses?
if it makes you feel any better i've been getting my ass kicked lately too