Replies to post #19150 on Allenergy Inc. (ALRY)

[littlejohn]

UGGH, early volume didn't budge the ask...LJ

[littlejohn]

Dr. Gloom may have some high cost production, tar sand oil and gas plays and some gold to pedal...

Food is the most valuable item in hard times...LJ

[Stogie]

LDC,

Never heard of this guy but he is in complete synch with the guys that I follow.....a much lower dollar and much higher commodity prices from these levels. We started shorting oil at $135...a bit early...but ultimately correct.

Other than ALRY, which I now admit was a pretty big mistake on my part (but will hold until it bankrupts itself OR recovers), I have been in cash since last spring.

We just started nibbling on buying back, oil and gold. Perhaps a bit early, but close enough. Keep in mind...these are TRADES but they offer huge upside potential in what is a horrible market.

Here are the vehicles we use to trade these............

DXO (oil) currently around $3.......$4.50 just 5 days ago and over $6 a month back. Traded over $25 in mid July when oil hit its peak.

WFT (oil services company) currently around $10......$13.50 just 5 days ago and hit $18 a month back. Traded as high as $45 back this summer.

QLD (gold) currently around $20-21.......$27 5 days ago and over $35 a month back.

Again, we live by the mantra, hit it to quit it, so just trades. But these have fallen so hard and so fast, it is just a matter of time before we get a counter trend rally in them.

If you believe the dollar will also plummet, try these ETF's......EEM(emerging markets), IFN(India) & FXI(China). Again, all have been battered with a rising dollar but will snap back HARD when the dollar falls.

Stogie
http://www.thebbqguru.net