BSNBC's Blog : $USD

Oh neat....based on the one open pick you have in yer port it "looks like" BIDU long is the way to play the U.S. dallah....which is about to collapse as you say. Alrighty then...let's watch BIDU over the next few daze. Any commodity plays that you can suggest? Don't fergit to tell us wherst to set our stops so we can watch em get hit. :-) You come up with a commodity play (with stop) and I will come up with a play against your call that will triple yer return...and you won't need to use a stop. Fair enuff? :o 3J

LOL! All trades against 3J I see. 3J is the #2 in absolute value terms (behind JD). What are the odds of 20 pages of open picks and not a single winner? Answer? JDShots has you beat 3J: 23 pages and only 3 in the green. But which is correct? Closing your winners in the green or closing your losers an letting your winners ride???

3J, If I give you my stops will you garowntee they get hit? Howz about this one: CTIC $1

The BIG diffrunce betwixt "JD n me" is that he has ALOT mo open long pix. NE1 with open long pix is gonna be a loser to begin with. NE1 with open long pix that are already losers "might not" ever recover. :-) As fer as CTIC goes it is a "no play" as fer as I'm concernt. A news report can come out and drive it thru 2.25....but the facto the matter is that it is "eventually" a sub .05 centavos stock. :o Soooo, the "obvious" way to play it would be to chort "ifn" it ever makes it thru 2.25...but do not buy for the long term unless it sees sub .05 centavos...I'll even go out on a limb and say it breaks belowst .01 centavos in the end. So jot that down so ya don't fergit it. *-) Oh yeah...the anser to yer question about whether or not to close winners....it "depends" ...It is "obviously" best to close a pick anytime it makes sense whether it is a winner OR a loser. Let's look at my werstest loser on my list which is "probly" RDN? RDN will evnetually trade to less than .70 centavos. Being that the finanshills will lead the market collapse and as always the most "speculative" (penny stocks) plays will get hit the hardest... I know RDN will lose 50%+ of its value whenst (not if) the SPX falls by 10%. Sooooo, "eventually" there will come a time whenst it "might" make sense to close it off for game poiposes simply becuz it may have been on my list too long. I realize you have been struggling mightily (based on yer numbas) in this massive frenzy of a market and it has been difficult for you to find longs (or shorts) that even come close to matching up with the SPX. My suggestion would be to keep following along with my "moves" so you will see how easy it is to turn things around quickly...ifn ya know what you are doing that is. :-) Oh yeah...this bored is about BSNBC's call on the U.S. dallah...methinks I made my opinion purty cleeeya right cheeeya....did you actually have an opinyun? ??? :o 3J

I think a bear raid is coming with CTIC to bring it to 40 centavos

I would expect the dollar to be bearish long term but we might see it lift in the short term, especially if the market drops. If you have dollars, it would be better to put them into some other kind of currency and commodities, maybe put some in treasuries and bonds. Treasury ETFs are good I think, TLT for example or AGG for corporate bonds.

GOOG! You sssthink the same way the vast majority does about the U.S. dallah n commodititties. Did you see what I just said? I'll say it again >>>You sssthink like the vast majority. "Hopefully" you will use the info-may-shun I just gave ya to improve your inbestment results. *-) 3J

You may also want to go long $UDN and short $UUP.

MAGE

The alternative to chorting UUP at this point would be putting a gun to yer head and pulling the trigger. Actually, doing that would be less painful than chorting the dallah and going long anything trading on the fate of a falling U.S.dallah. I'm anxious to see how my call that GAZ would take out the Fri high whilst UNG would not plays out. At the same time I STILL "expect" USO to trade thru $38 dallahs befo it crashes n burns. Not sho I kin git everythang dunn today...but I'll give it the ole college try. :-) 3J

Still no plays outta BSNBC pertaining to his take on the falling U.S. dallah....cept he closed out his FCX trade today with a little piddly ass gain....along with the rest of his longs. Yep...BSNBC "appears to be" purty solidly behind his call about the falling dallah and rising comodititty prices. Nice Tai Ming thur, BSNBC....specially on that thur FCX trade *-) 3J