08-20-2011, 08:06 AM | #1937 |
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Just a little insider heads up. 3 of the worlds largest paper processing plants are set to open in China during the second quarter of next year. This will create a very large demand for recycled paper. It is going to push the price of reclaimed paper through the roof for at least 6 months. The companies that are going to see the greatest benefit from it are International Paper and Temple Inland. Yes, I am aware of what is going on between these two companies. It doesn't matter. Whatever is left after the dust settles is a great play going into 2012.
Haulers such as WM, Republic and Allied will make enormous profits off of their recycling efforts during that 6 month period as well. But it won't be factored in until they report their earnings. So expect them to have an amazing 3rd and 4th quarter in 2012. Just thought I would share with those that might want to look into it.
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08-21-2011, 07:08 PM | #1938 |
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Usually, following the commodities gives an indication which way the market will go. Looking at world market right now, NY looks to be a down day tomorrow.
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08-23-2011, 01:12 PM | #1940 |
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Stock Markets all rose today in anticipation for QE3 from Feds. Would the actual release of QE3 lead to a strong rally or a tank of the stock market as investors flee out?
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08-23-2011, 05:46 PM | #1941 |
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Dude. Love the posts. Keep em coming!
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08-24-2011, 11:03 AM | #1942 |
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traded 50% into the 8/18 gap...looking for a fill ES
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08-24-2011, 11:43 AM | #1943 |
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I know told a few of you via PM's to hold off on SLV and esp. GLD few days ago...charts showed ST blow off top...hope you took my advice...metals need to take a break for abit...its healthier this way.
Jackson Hole strategy....mkts will whipsaw until they decipher Ben's message...if he announces QE3 we are taking off...if there isnt even an hint of QE3 actual or implied, we will selloff...might not be a bad idea to hedge abit with either SPY puts or calls to take the edge off if mkts move against you. I dumped all my AGQ 2 days ago due to blow off top in GLD/SLV...I will buy this position back eventually...been accumulating TNA and TYH. While there are no guarantees, the timing band is ripe for a IT bottom to form...doesnt mean we will make new all time highs later this yr cause I now dont think we will, but we are oversold and negative sentiment needs to be worked off for now. Resistance is now at SPX 1185ish level...Jackson Hole will determine whether we clear this level. Also remember this bit of advice, if you dont know the mkts really well and you have an uncontrollable urge to buy gold or silver cause its exploding everyday and you are actually close to pulling the trigger, we are very close to a top...mkts will always seduce the inexperienced as they make their living off of them. Now on a long term basis, there will be clear indications of a final top in gold and silver and I havent seen it yet...but these signs have always worked for me in the past...and no I will not tell you what it is unless you send me hot FAP pics haha.... |
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08-24-2011, 02:24 PM | #1945 |
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08-24-2011, 02:30 PM | #1946 |
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08-24-2011, 02:48 PM | #1947 |
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08-24-2011, 04:50 PM | #1948 |
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CME raises margin requirement for gold futures...kinda like silver few months ago...geez, wonder if anyone saw this coming?......but insider trading never happens...
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08-24-2011, 07:01 PM | #1949 |
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warning: Jobs retires from Apple...I have for the past year felt that the day this happened the true bear mkt would be kick started again...where Apple goes the mkt will follow...time to be very cautious here...now I trust Bernanke this friday even less...The Naz should gap down tomorrow quite abit.
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08-24-2011, 08:48 PM | #1950 | |
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Quote:
My guess is Bernanke has no choice but to initiate QE3 now? Thoughts, Mact?
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08-24-2011, 09:02 PM | #1951 |
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08-24-2011, 10:57 PM | #1952 |
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Young finance professional here (not in sales & trading). Going to start following this thread. OP, can you start posting your returns? maybe weekly or mtd or something?
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08-25-2011, 10:22 AM | #1953 |
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gap filled on ES to satisfy the bulls..sold off
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08-29-2011, 12:50 PM | #1957 |
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we made a IT bottm because TRIN touched 5.5 two wks ago...we were very oversold and need to release this pressure before selling resumes...think longs good for awhile...think this thread caught the bottom within a day....
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