|
Post by clinton on Mar 31, 2013 15:58:55 GMT -5
Your short will work until it doesn't. Just use stops if you are doing this over a number of weeks/ months. What bothers me is your TOTAL conviction that the coal industry will die off. At least that is what I am understanding from your posts.... Industry wont die off but a few companies will IMO. market is oversupplied. someone has to be sacrificed. I think it will be JRCC and/or ACI
|
|
|
Post by clinton on Apr 2, 2013 13:15:37 GMT -5
hehe - JRCC down 9% today
protradermike Mar. 31 at 5:28 PM $JRCC this will turn and be the darling agian up very big - I am LOADING up down here - mark my words 1.75 - will re share at 2.15++ target Bullish
|
|
|
Post by clinton on Apr 2, 2013 13:17:50 GMT -5
I watch bloomberg on line late at night asia version
when the new china leader comes out and pledges to cut coal consumption, why doesnt anyone believe him? I do. Its communism. If he says they are going to cut. they will cut.
|
|
|
Post by clinton on May 1, 2013 20:49:36 GMT -5
CHINA HSBC PMI 50.4 not good 50.0 is stall speed
|
|
|
Post by clinton on May 3, 2013 6:39:33 GMT -5
China non-manufacturing PMI printed at 54.5 in April, down from 55.6, and tied with the lowest such print in two years.
|
|
|
Post by clinton on May 5, 2013 21:40:11 GMT -5
|
|
|
Post by maxi on May 5, 2013 21:52:50 GMT -5
Read more: fazination.proboards.com/index.cgi?action=display&board=general&thread=289&page=2#12581#ixzz2STcd7am5Yes but he was only off by one day and if he didn't freak out he would have done great that week. JRCC bounced to 1.95. Granted he wasn't very accurate and starting with a 9% loss (if he just blindly entered which I have no idea if he did or not or who the hell he is for that matter) Nor was his target of 2.15 accurate ( again I do not know what his time frame was. But for the next week JRCC made higher lows and then had that big day. All or any of those trades beat the crap out of your few cent shorts... Take a look at a plain daily chart of JRCC.. The only good short so far would have been the day it jumped and then shorting at that top or somewhere in the wick.... and then holding thru the next 2 days.... Or before that knowing to short at 1.95 and cover close to 1.55. So I forgot to ask did u short JRCC or have you been short from a much higher level? Hard to keep up with which coal stock u are short ...
|
|
|
Post by clinton on May 9, 2013 6:16:37 GMT -5
ZH-China reported consumer price inflation increasing by 2.4%, on expectations of a 2.3% rise, driven by a 4% jump in food costs: hardly the thing of Politburo dreams. Or perhaps the PBOC can just print more pigs, soy and birdflu-free chickens? On the other hand, PPI dropped 2.6% in April, on estimates of a 2.3% decline, as China telegraphs it has the capacity, if needed, to stimulate the economy. This is ironic considering its inflation pressures are externally-driven, and come from the Fed and the BOJ, and soon the BOE and ECB. And thus its economy stagnates while prices are driven higher by hot money flows. What to do?
|
|
|
Post by walnut on May 9, 2013 7:07:50 GMT -5
But, we have to trust the Chinese government to provide accurate, non-fabricated data in the first place. Political agendas will trump accurate data in China every time. Using electricity usage as a proxy for actual GDP pretty much allows them to say whatever they want the world to believe. I have trouble believing US data, much less Chinese data.
|
|
|
Post by clinton on May 9, 2013 7:18:59 GMT -5
But, we have to trust the Chinese government to provide accurate, non-fabricated data in the first place. Political agendas will trump accurate data in China every time. Using electricity usage as a proxy for actual GDP pretty much allows them to say whatever they want the world to believe. I have trouble believing US data, much less Chinese data. so if the fixed numbers are bad can only imagine what the real numbers say
|
|
|
Post by walnut on May 9, 2013 7:46:40 GMT -5
You are right, that might make me feel good about the coal short.
I think I read that Australia's PMI was way down in the low 30's. Just a few years ago they had higher per capita GDP than the US (and so did Canada) all due to commodities strength.
|
|
|
Post by clinton on May 12, 2013 17:35:25 GMT -5
so funny. the amount of china exports to hong kong should equal the amount the hong kong imports from china. this chart SHOULD be at flat line at1.0
|
|
|
Post by clinton on May 12, 2013 17:50:53 GMT -5
|
|
|
Post by clinton on May 13, 2013 11:49:02 GMT -5
so if China buys coal to generate electric..... but fundies no longer matter so who cares?
|
|
|
Post by clinton on May 14, 2013 23:42:47 GMT -5
China premier says little room for policy stimulus
|
|
|
Post by clinton on May 22, 2013 22:49:49 GMT -5
For the first time since October 2012, HSBC's China PMI (Flash) printed at a sub-50 level (49.6) missing expectations (50.4) quite notably. This is the worst two-month drop in 17 months. This is problematic for the PBoC who are being arbitraged left, right, and center and know that any stimulus will merely serve to exacerbate the problems they face (as we noted here that China simply cannot function with 'moderate' growth). Every one of the main index's 11 sub-indices is signaling 'problems' - from slower rates of output, slower new orders, employment dropping at a faster rate, stocks rising, and output prices falling. As HSBC notes, "The cooling manufacturing activities in May reflected slower domestic demand and ongoing external headwinds. A sequential slowdown is likely in the middle of 2Q, casting downside risk to China’s fragile growth recovery."
|
|
|
Post by maxi on May 22, 2013 23:32:06 GMT -5
If I am to believe what all this seems to be saying is that the ENTIRE planet RIGHT NOW this exact moment is collapsing. Civilization as we know it is ending right now .... this week.
Really? or is it possible that all news is reported by freakin' drama queens because we are all so numb from our lives that is the only way they can get thru anymore? Honey Boo Boo anyone?
|
|
|
Post by jacksrbtr on May 23, 2013 6:49:59 GMT -5
If I am to believe what all this seems to be saying is that the ENTIRE planet RIGHT NOW this exact moment is collapsing. Civilization as we know it is ending right now .... this week. Really? or is it possible that all news is reported by freakin' drama queens because we are all so numb from our lives that is the only way they can get thru anymore? Honey Boo Boo anyone? I can see that scene from the last Star Trek movie and that other one with Nicholas Cage where the Earth implodes on itself..... The VIX is sure to go bananas then, right? Muahahahaaaaa!
|
|
|
Post by clinton on Jun 2, 2013 20:24:17 GMT -5
China PMI came out higher than the highest estimate and not ONE person post about it on twits. Shows you how no one believes their numbers or pays attention to the fiction
|
|
|
Post by clinton on Jun 2, 2013 20:24:53 GMT -5
oh and their futures are red
|
|