Great day to deploy capital :-)

[sinner]

Last nights NY close was a great day to deploy delta neutrals...imho. Aussie dollar straddles were cheaaaaap this morning.

 

[lazyfish]

With Japan being our second largest trading partner, I would think the events there would change the fundamentals of quite a few companies.

Would this not make investing on existing/past fundamentals a guess at best, or just a straight out gamble??

With the all ords currently down 125 points, is today a better day to invest?? What about tomorrow??

brty

Not sure what companies you are talking about (other than companies with uranium exposure), if anything I think the rebuilding is gonna need lots of metal imports.

 

[adobee]

Not sure what companies you are talking about (other than companies with uranium exposure), if anything I think the rebuilding is gonna need lots of metal imports.

If the place has been nuked I dont think they will be rebuilding anything ..

 

[tothemax6]

I bought S&P500 futures yesterday

But what does 'ES' stand for? And how did you buy these futures?

If the place has been nuked I dont think they will be rebuilding anything ..

You should see hiroshima .

 

[adobee]

... check out chernobyl fall out ..

 

[BrightGreenGlow]

If this Japan thing gets worse I think we will see the asx below 4500. Today might have an emotional thing, however half life is a serious thing. Good luck to those buying. I hope you haven't lost all your capital today... Might look into selling all my stocks and heading towards cash. A few months time might be a reconsideration to enter again?

 

[So_Cynical]

My little average down buy order didn't get filled maybe tomorrow

Hey i got filled today AMM @ 0.28 CPS .. just a little average down.

... check out chernobyl fall out ..

LOL seriously.

Chernobyl = Graphite reactor with no containment vessel, proper meltdown and explosion of containment vessel = apples.

Japan = LWR's with containment vessels, no meltdown as reactors were shut down and no containment vessel explosion = oranges.

----------------------------------

Its simply stunning how usually sane individuals can be making big money decisions without any adequate understanding of the facts.

 

[Tekwrek]

If this Japan thing gets worse I think we will see the asx below 4500. Today might have an emotional thing, however half life is a serious thing. Good luck to those buying. I hope you haven't lost all your capital today... Might look into selling all my stocks and heading towards cash. A few months time might be a reconsideration to enter again?

Yes a BRILLIANT day to DEPLOY Capital if you can afford to flush money down the toilet,
It does look very shaky, the European markets are in FREEFALL Dax down 5.5% on Opening, and the Dow Jones is yet to open.
The fear and panic is very simular to the TECH Crash about a decade ago for those of us that can remember it, unlike the GFC in 97 this downward slide is quick.
And we had people also calling out BUY BUY BUY BUY, as the markrt slid down the abyss.
This current slide is not like trying to catch a falling knife but more like trying to catch a burning Flare.
I would rather miss out on a 1% gain betting that the market will go up than loose more than 10% if i stay in.
Now is the time to pull out and sit in the grandstand.

 

[drsmith]

It does look very shaky, the European markets are in FREEFALL Dax down 5.5% on Opening.

Dow futures is down ~2%, but that, if not more, is all ready factored into our market.

 

[skc]

... check out chernobyl fall out ..

The whole nuclear thing is bad but it's just the media focus.

The real story is how the entire Jap government finance can / cannot handle this shock.

 

[lazyfish]

The whole nuclear thing is bad but it's just the media focus.

The real story is how the entire Jap government finance can / cannot handle this shock.

Agreed.

http://www.csmonitor.com/World/Glob...-nuclear-crisis-and-Chernobyl-key-differences

The Japanese reactors are a completely different design known as Boiling Water Reactors, which are old and tested, and have three quite elaborate systems of containment designed to constrain radioactive leakage, points out Josef Oehmen, a research scientist at the Massachusetts Institute of Technology (MIT) in Cambridge, Mass. “The third containment is designed, built, and tested for one single purpose: To contain, indefinitely, a complete core meltdown,” he writes.

A real shame I haven't researched uranium stocks, something to do over the next couple days I suppose

 

[GumbyLearner]

Agreed.

http://www.csmonitor.com/World/Glob...-nuclear-crisis-and-Chernobyl-key-differences



A real shame I haven't researched uranium stocks, something to do over the next couple days I suppose

until they are on your doorstep and the media sugar coat them!

 

[professor_frink]

But what does 'ES' stand for? And how did you buy these futures?

ES is the code for the emini S&P500 futures that trade on the CME Globex system.
a brief run down on it here:
http://www.cmegroup.com/trading/equity-index/us-index/e-mini-sandp500_contract_specifications.html
You trade them through a broker that offers futures. I use Interactive Brokers for this:

http://www.interactivebrokers.com/ibg/main.php

The whole nuclear thing is bad but it's just the media focus.

The real story is how the entire Jap government finance can / cannot handle this shock.

Any supposed financing problems the government may face because of this would just be another media beat up IMHO. They are a sovereign nation that controls their own currency, there is no financing issue. The Japanese government will never have a problem meeting any obligation that is denominated in yen

 

[Wysiwyg]

Awesome day to deploy capital on opening, Thank you Mr Market
still got 20% cash left for more deployment

How about today being a better day?

agreed. Have opened up a long on the ES this morning

Ouch!

I agree, although I started deploying on Friday. Hoping for another bad night on the DOW tonight for a bigger deployment tomorrow. I love these big down days.

You got it.

Suspect there will be many more even 'better' down days ahead.
No way I'm buying into a falling market.

Wise lady.

I will be waiting for 4650 to be tested again.. at this point i think it will be a good time to get into the market.

But like you mentioned julia.. I'm waiting for a little upward movement

Lower but good philosophy.

Lots of people bullish on a big day down, not usually a sign of a bottom.

Lots of stocks hit support levels today and duly bounced, yet they hit the support fairly quickly from the top, not my idea of a good place to enter.

brty

Words of experience.

 

[tech/a]

There needs to be exhaustion a last gasp.
We saw that in my opinion yesterday. I will be very suprised if we dont have an up day across the world today.

It will be short swift and like everything in a "crash type" scenario an over reaction UP.

Then it will flatten
We now have Wave 3 going to Wave 4 with a further down move wave 5 to come.

 

[bbker]

Is that good or bad?

Doom and gloom for the next 12 months?

There needs to be exhaustion a last gasp.
We saw that in my opinion yesterday. I will be very suprised if we dont have an up day across the world today.

It will be short swift and like everything in a "crash type" scenario an over reaction UP.

Then it will flatten
We now have Wave 3 going to Wave 4 with a further down move wave 5 to come.

 

[professor_frink]

agreed. Have opened up a long on the ES this morning

Ouch!

 

[skc]

Any supposed financing problems the government may face because of this would just be another media beat up IMHO. They are a sovereign nation that controls their own currency, there is no financing issue. The Japanese government will never have a problem meeting any obligation that is denominated in yen

Interesting view.

I did read that their financing are mostly from domestic deposits... they might as well call it a tax since people are lending to the gov't at 0.5% or whatever. No wonder there were so much housewife-led carry trade.

The other potential fall out is for Jap to withdraw some of the US bond buying...

 

[robusta]

There needs to be exhaustion a last gasp.
We saw that in my opinion yesterday. I will be very suprised if we dont have an up day across the world today.

It will be short swift and like everything in a "crash type" scenario an over reaction UP.

Then it will flatten
We now have Wave 3 going to Wave 4 with a further down move wave 5 to come.

Good one tech/a you seem to have a lot of confidence in these waves.

Anyway I bought some ERA yesterday average price $7.46 and some PDN average price $3.44

Almost fully invested.

 

[Bill M]

How about today being a better day?


You got it.

Yes and I bought more today. I do not trade as such, I buy for long term dividend income and do not need the capital I deployed at this time, can ride out any ups or downs.