smokey888

14 Comments

    • Friday Outlook: Commodities, Emerging Markets [view article]
      Ooops, da bear looks like da bull. Oh well, win some .... sometimes. Aug 08 02:06 PM
    • New Up/Down Oil ETFs Open for Business [view article]
      Besides the speculators, shouldn't we include the U.S. Govmn't who makes 25% right off the top on every spec of oil sold to a refinery in this country. Then there's other taxes after that. You know, your representatives are home right now, nothing to urgent back in Washington so they had a little break. Jul 06 02:59 AM
    • 3 Aspects to Pricing Oil [view article]
      Most of the postings here seem to have some knowledge of this present situation of which I feel very inadequate, consequently I would just like to ask a question for some comments:

      What do any of you think of the idea of (1) drilling where we haven't even if it does take a few years to get here - which I figure is better than a few years plus few years more if we don't start now & changing some speculation rules if applicable; and (2) starting a serious Manhattan like Project directed towards energy to determine to the best short term direction (rather than throwing a bunch of money at everything with HOPE) and more directed towards a more longer term final solution? (or does either of these two (or three) avenues even come close to addressing the issue of energy) Thanks for you time.
      Jun 29 11:55 PM
    • ETF Update: Metals and Mining, Transportation ETF [view article]
      Wonder if he met PETR3 (energy) (I mean after-all, it's got a R in it, it's got a T in it and it has a P in it) and it's RTP backwords minus the E and since it's holdings are 11.81%, it's close. And in the words of the great Chiney, "so". I just noticed something else, he could have met RIO @ 8.9% (materials), RIO is very close to RTP ..... just drop that p a bit and mess w/ that "I" a bit and hey, there ya go -- an honest error. Probably has a ghost writer, whose fired now and has now become a Mutual Fund salesman. Now here's the kicker: (RTP) ($441.95 per share)

      "Rio Tinto plc engages in mining and processing mineral resources. The company's products include aluminum, copper, diamond, coal, uranium, gold, borax, nickel, zinc, lead, silver, borate, potash, alumina, gypsum, molybdenum, sulphuric acid, titanium dioxide, salt, talc, and iron ore. It also engages in the production and sale of cathode blocks, anodes, aluminium fluoride, and calcined coke; and the provision of engineering services and sale of smelting equipment, as well as the sale of electricity where generation is surplus to production needs. The company operates worldwide with a primary focus in Australia and North America. Rio Tinto plc was founded in 1873 and is headquartered in London, the United Kingdom."
      Jun 11 11:28 PM
    • ETF Investment Risks [view article]
      "But those new asset classes aren't taxed like equities."

      Is there any place on-line to find out how a certain ETF is taxed? If not, then where else could you find that info? thanks
      Jun 09 01:02 AM
    • 17 Commodity ETFs to Hedge Your Portfolio [view article]
      I too, own GCC. I understand it's a new etf maybe that's why it hasn't gone up much - would that be your understanding? May 29 11:11 AM
    • State Street's International Small Cap ETF: Crawling SPDR With Potential [view article]
      I think you misunderstood his remarks and since you also decided to step outside the matters at hand, a comment: "and our cultural heritage implies that we are to a degree our brother's keeper" then sprinkled with pointed seasonings of being greedy!?

      Personally, I thought we had a healthy seperation of church and state but when 'our ('other') brother', BIG BROTHER dictates my charitable notions I'm convicted with no charges or jury as being greedy!?? In other words, do as I say not as I do is all I've seen from all those big political players with their millions in books and a great Wresz-Ko real-estate deal, environmental warming & the best one: a trial lawyer(s) sueing medical claims while touting universal health care. We already have had a failed round of insurance companies telling us how to be doctored now we think politicians can do a better job, ha! Oh, is there a small cap Value for Europe?
      May 15 12:47 PM
    • Healthcare ETFs: Why Have Investors Avoided Them Like the Plague? [view article]
      You have to be a broker or ...... May 13 02:05 AM
    • A Bumper Crop of Agricultural Products [view article]
      Isn't GCC also and ETF Ag. product? It covers a lot of commodities like silver and other metals w/ Ag. products. May 13 01:29 AM
    • Choosing the Best Industry ETFs [view article]
      Oil? Little late on that one. May 11 11:28 PM
    • Hedge Volatility Fluctuations with ETF Calendar Spreads [view article]
      What does this mean:
      "Calendar strategies complement iron condors well because they have positive vega"

      "they benefit from rising implied volatility, balancing out the volatility risk of the negative-vega iron condor"

      Apr 07 12:55 AM
    • ETFs and Portfolio Strategy: Keep It Simple [view article]
      "to load around 110 & FXP to load around $74" (?)
      "levered up 14-1" Could you explain what this means, thanks.
      Apr 02 10:04 AM
    • Not-So-Happy Anniversary for Greenhaven's Continuous Commodity Index [view article]
      Well, I don't care what you say .... I managed to get in somewhere near the TOP on this one, so I feel prettty-good! (you do like great jokes don't ya?) ..... pass the cornbread please Mar 29 12:32 AM
    • ETF Industry Continues to Grow - Quietly [view article]
      Most articles I see about ETF's are negative or at least have one huge negative in the article. Even your suggested article from Time magainze included in the last paragraph something that no common investor would ever go any further in learning more about ETF's:

      "Though popular and efficient, ETFs aren't always appropriate for novices. But they do allow you to play the commodities game without open-ended risk. Still, currency and commodity plays are volatile, a place for your more speculative investing. Of course, as Jack Sparrow, the buccaneer portrayed by Johnny Depp in Pirates of the Caribbean, says, "Not all treasure is silver and gold, mate." Maybe he's invested in the Russell 2000."

      "aren't always appropriate for novices", and this next one would scare the cob-webs out of any common investor, "But they do allow you to play the commodities game without open-ended risk"! I've been in ETF's for two years and I have no idea what or how ETF's relate to commodities and don't want to know but including a line like this only further distances the common investor. I sometimes wonder if it's not done on purpose, after-all, there's a lot money to be made in selling Mutual Funds and common stocks.:)
      Apr 22 10:50 AM
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