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The Lunatic Fringe - Trading talk.

savvydon

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Aussie goldies today...
maxresdefault.jpg


6% with 1:30 to trade.
Maybe someone knows something about this morning's BLSBS?
 
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Lancers32

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One hour until opening for the N.A. markets. Ready for the "Friday Smackdown"?
Any bets or opinions on the day? :p
friday.png
 

Lancers32

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Maybe someone can help with this. This is the Uranium Participation Fund. Reverse split in 2013 50-1. Does Trading View adjust their charts for splits?
UUUU_2021-11-05_09-46-55.png
 

D-FENZ

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Help me understand this Green BS. If the US produces oil products it pollutes the Earth but it's OK for Russian and the Mid East.
I've often wondered about that too. And not for just the physical environment but 'human rights' issues as well. Aren't we all on the same planet?

Makes about as much sense as a pissing corner in the pool.
 

Lancers32

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It just points out how insane this administration is and the people who support it. Makes no sense on any level. You would think these bungholes are trying to destroy the country.
 

dpong

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The USA and it's people are in the way of the globalists establishing a global government and the power they think they need to control the globes population which they believe is a major issue. Any global issue that can be used to promote the idea that global governance is needed, global warming, global terrorism, global pandemic etc will be pushed well in excess of any real world threat to further this agenda. It will always be pushed in such a away to disadvantage the USA. For now they want a weak USA begging for global governance to 'save the world'.... of course that will all change once the 'new era' is in place and it will be due to the new, un elected, global wonder government. After a short honeymoon there will be no foreplay, no lube, no nothing... then they will move in earnest to achieve their goals.

This is what I have come to believe... when I stick most things in this context they seem to make more sense...

Then again I am old and nutz...
This is what I mean when I say things like all of our biggest problems are imaginary. The real problems are not climate/pandemic/etc. but the folks with the [final?] solution.
 

Lancers32

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Maybe someone can help with this. This is the Uranium Participation Fund. Reverse split in 2013 50-1. Does Trading View adjust their charts for splits? View attachment 231091


Evidently not I hear so any price on the chart pre split is artificial.
 

dpong

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Evidently not I hear so any price on the chart pre split is artificial.
They adjust all previous prices to match the split. So the previous prices you see are not what the actual price was back then.
 

dpong

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WTT Stock Scanner returned UEC and UUUU among others.
 

Zed

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This is what I mean when I say things like all of our biggest problems are imaginary. The real problems are not climate/pandemic/etc. but the folks with the [final?] solution.

I try to explain to my wife, all they need is to control key positions of power and the mass market media outlets. Then they 'enlist' a whole bunch of useful idiots who either passionately believe that the headline news is a real issue or who are predisposed to it to keep a pay check coming in. Scientists know how to get funding, hospital know how to milk those covid payments etc... and that all feeds the narrative while the useful idiots really have no idea what they are really supporting. The majority will not question the mainstream messaging and the experts and "true believers" are either compromised by $ or their emotional desire to virtue signal by supporting the cause (climate change is a beauty in that regard!)

It's a comparative handful of sociopaths in positions of power being promised even more power in the final global structure and the rest are useful idiots of various sorts who have no idea what they are really facilitating.

I know one thing, if the USA falls in line then there will be little resistance from the small countries, we have not got the economic strength to survive outside of a system that owns most of the west and probably has China onboard.

I think these guys view China as an experimental model for the world, I seem to remember one of your lefty politicians almost saying as much.
 

Zed

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Evidently not I hear so any price on the chart pre split is artificial.

Not really artificial, just adjusted to the new scale. You can tell when they don't do it, the gaps are massive and it breaks almost all the indicators for quite a period of time. You just can't use adjusted data IMO, in needs to reflect the equivalent shares traded by the current measure.
 

Zed

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Forecasts based on weekending Friday 5th November

Gold - 05/11/2021
TargetDate
$1895.0023 Nov 21
$1870.0028 Dec 21
$1840.0026 Jan 22
$1995.0023 Feb 22
$1945.0028 Mar 22
$1785.0026 Apr 22
$1845.0025 May 22
$1400.0026 Jul 22
$2250.0022 Nov 22

1636176231366.png


Silver - 05/11/2021
TargetDate
$29.7523 Nov 21
$24.7528 Dec 21
$24.5026 Jan 22
$29.7523 Feb 22
$24.5028 Mar 22
$30.0026 Apr 22
$22.0027 Jun 22
$28.0022 Nov 22

1636176370040.png


Copper - 05/11/2021
TargetDate
$4.7323 Nov 21
$4.8828 Dec 21
$5.0026 Jan 22
$5.2523 Feb 22

1636176541423.png


Crude Oil - 05/11/2021
TargetDate
$68.0016 Nov 2021
$82.5015 Dec 2021
$79.0014 Jan 2022
$70.5016 Feb 2022
$79.5017 Mar 2022
$68.5014 Apr 2022
$64.5017 May 2022
$75.0016 Jun 2022
$50.0015 Jul 2022
$69.5017 Aug 2022
$60.0015 Sep 2022
$75.0016 Nov 2022
$120.0015 Dec 2022
$65.0015 Feb 2023
$61.5017 May 2023
$64.5015 Nov 2023
$73.0016 May 2024
$75.0015 Nov 2024
$80.0017 Nov 2025

1636176736222.png


Ten Year Note - 05/11/2021
TargetDate
131'00026 Nov 2021
129'50023 Dec 2021
129'00021 Jan 2022
128'00018 Feb 2022

1636177210852.png


S&P Mini - 05/11/2021
TargetDate
410017 Dec 21
402018 Mar 22
415017 Jun 22
455016 Sep 22
380016 Dec 22
440017 Mar 23
390016 Jun 23
420015 Sep 23
375015 Dec 23

1636177653149.png
 

Lancers32

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Not really artificial, just adjusted to the new scale. You can tell when they don't do it, the gaps are massive and it breaks almost all the indicators for quite a period of time. You just can't use adjusted data IMO, in needs to reflect the equivalent shares traded by the current measure.
CCJ topped mid 50's April 2007 now trades around half of that. UUUU now trades low 10's charts show a price of 235 April 2007. $235 is clearly wrong and to boot the stock underwent a reverse split which means the price was too low for investment houses to buy so they increased the price of the stock by 50 times and give you 1 back for every 50 you held.
 

Lancers32

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Boy still looking for consolidation in the Uranium market. Now that left a mark. Here's more. :hang:





FDeHhcdUUAIG4MA.jpg
 

Lancers32

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Zed

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CCJ topped mid 50's April 2007 now trades around half of that. UUUU now trades low 10's charts show a price of 235 April 2007. $235 is clearly wrong and to boot the stock underwent a reverse split which means the price was too low for investment houses to buy so they increased the price of the stock by 50 times and give you 1 back for every 50 you held.

Yeah, I don't know. They should have just multiplied the price history by 50 & divided the volume by 50. Have you checked it against old data? It should be generated automatically on the fly when you pull up the chart. It should be impossible to go to far wrong! Not rocket science, name the date, enter the factor and check a box split/consolidation. ?!
 

Lancers32

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Uranium is about 50 bucks now highest was somewhere between 130 and 170 finding conflicting info now on that. I don't think this stock UUUU will run 25 times from here to the old highs if Uranium gets back to its old highs from 2007.
 

savvydon

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Forecasts based on weekending Friday 5th November

TargetDate
Gold - 05/11/2021
$1895.0023 Nov 21
$1870.0028 Dec 21
$1840.0026 Jan 22
$1995.0023 Feb 22
$1945.0028 Mar 22
$1785.0026 Apr 22
$1845.0025 May 22
$1400.0026 Jul 22
$2250.0022 Nov 22

View attachment 231196

TargetDate
Silver - 05/11/2021
$29.7523 Nov 21
$24.7528 Dec 21
$24.5026 Jan 22
$29.7523 Feb 22
$24.5028 Mar 22
$30.0026 Apr 22
$22.0027 Jun 22
$28.0022 Nov 22

View attachment 231197

TargetDate
Copper - 05/11/2021
$4.7323 Nov 21
$4.8828 Dec 21
$5.0026 Jan 22
$5.2523 Feb 22

View attachment 231198

TargetDate
Crude Oil - 05/11/2021
$68.0016 Nov 2021
$82.5015 Dec 2021
$79.0014 Jan 2022
$70.5016 Feb 2022
$79.5017 Mar 2022
$68.5014 Apr 2022
$64.5017 May 2022
$75.0016 Jun 2022
$50.0015 Jul 2022
$69.5017 Aug 2022
$60.0015 Sep 2022
$75.0016 Nov 2022
$120.0015 Dec 2022
$65.0015 Feb 2023
$61.5017 May 2023
$64.5015 Nov 2023
$73.0016 May 2024
$75.0015 Nov 2024
$80.0017 Nov 2025

View attachment 231199

TargetDate
Ten Year Note - 05/11/2021
131'00026 Nov 2021
129'50023 Dec 2021
129'00021 Jan 2022
128'00018 Feb 2022

View attachment 231200

TargetDate
S&P Mini - 05/11/2021
410017 Dec 21
402018 Mar 22
415017 Jun 22
455016 Sep 22
380016 Dec 22
440017 Mar 23
390016 Jun 23
420015 Sep 23
375015 Dec 23

View attachment 231201
According to those forecasts it should be a rousing couple of weeks coming up for gold and silver. I'm rooting for you Z!
 
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Zed

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According to those forecasts it should be a rousing couple of weeks coming up for gold and silver. I'm rooting for you Z!
Yeah, who knows!?
 

jelly

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Copper had it's breakout, but its retest has been weaker than I'd like. It still appears to be in a bullish position, but it's "do or die" time for copper. Just a little downside and it's a gonner.
copper.png
 

gnome

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Copper had it's breakout, but its retest has been weaker than I'd like. It still appears to be in a bullish position, but it's "do or die" time for copper. Just a little downside and it's a gonner.
View attachment 231291
With Chinese real estate in default and US housing market slowing, hard to see how that bodes well for copper, even in an inflationary environment.
 

Zed

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CCJ topped mid 50's April 2007 now trades around half of that. UUUU now trades low 10's charts show a price of 235 April 2007. $235 is clearly wrong and to boot the stock underwent a reverse split which means the price was too low for investment houses to buy so they increased the price of the stock by 50 times and give you 1 back for every 50 you held.

I've looked it up and all I can find is one stock 'split' -->

Nov 05, 20131:50 Stock Split

and all the data I can find is 'adjusted' and gives the April 2007 quotes as...

Date​
Open​
High​
Low​
Close​
Adj Close​
Volume​
2007-04-02​
172.5​
176.5​
169.5​
172.5​
172.5​
108​
2007-04-03​
174​
174​
173​
174​
174​
124​
2007-04-04​
171​
176​
170.5​
171​
171​
138​
2007-04-05​
178​
179​
175​
178​
178​
382​
2007-04-09​
183.5​
189​
181.5​
183.5​
183.5​
600​
2007-04-10​
211​
220.5​
200​
211​
211​
3368​
2007-04-11​
196.5​
212.5​
196.5​
196.5​
196.5​
5808​
2007-04-12​
210​
214.5​
193​
210​
210​
754​
2007-04-13
235
240
219
235
235
5324
2007-04-16​
215.5​
232​
215.5​
215.5​
215.5​
1458​
2007-04-17​
212​
223.5​
212​
212​
212​
1920​
2007-04-18​
199.5​
218​
198.5​
199.5​
199.5​
1412​
2007-04-19​
189.5​
196​
180​
189.5​
189.5​
970​
2007-04-20​
205​
205​
194​
205​
205​
552​

Which would imply that the raw data for the day was a high of $4.60 with a volume of 266200. That seems OK to me.

This is November 2013's data split day in bold.

Date​
Open​
High​
Low​
Close​
Adj Close​
Volume​
2013-11-01​
6.5​
7​
6​
6​
6​
37834​
2013-11-04​
6​
6.5​
6​
6​
6​
28692​
2013-11-05
5.76
5.8
5.6
5.6
5.6
6200
2013-11-06​
5.5​
6.1​
5.5​
6.1​
6.1​
75500​
2013-11-07​
6.13​
6.13​
5.93​
6.04​
6.04​
9900​
2013-11-08​
5.85​
5.96​
5.83​
5.83​
5.83​
13700​
2013-11-11​
5.86​
5.97​
5.85​
5.97​
5.97​
9800​
2013-11-12​
5.96​
5.96​
5.74​
5.76​
5.76​
7900​
2013-11-13​
5.85​
5.89​
5.7​
5.89​
5.89​
8300​
2013-11-14​
5.86​
5.9​
5.72​
5.81​
5.81​
6700​
2013-11-15​
5.81​
5.84​
5.7​
5.73​
5.73​
8600​
2013-11-18​
5.62​
5.79​
5.55​
5.55​
5.55​
11000​
2013-11-19​
5.51​
5.58​
5.2​
5.25​
5.25​
24000​
2013-11-20​
5.15​
5.21​
4.56​
4.75​
4.75​
134500​
2013-11-21​
4.76​
5​
4.75​
4.94​
4.94​
36000​
2013-11-22​
4.87​
5.38​
4.83​
5.31​
5.31​
19800​
2013-11-25​
5.43​
6.13​
5.43​
5.88​
5.88​
56000​
2013-11-26​
5.85​
5.88​
5.64​
5.64​
5.64​
24100​
2013-11-27​
5.68​
5.78​
5.43​
5.53​
5.53​
7700​
2013-11-29​
5.6​
5.6​
5.47​
5.6​
5.6​
6000​

This implies that the raw data on Nov 4 2013 would have been a high of 0.13c with a volume of 1434600 again it seems OK to me.

NASDAQ data is unadjusted but only goes back till 5/11/2013 suggesting that is was trading on the pink sheets up until the reverse split. Which you rightly point out. It certainly should have been kicked off the NYSE sometime after 2008 when it fell below the magic $1 for more than 30 days so I'm thinking it spent many years on the pinks.

Yeah, so anyway... I'm not sure what the problem is?

The attached spreadsheet has the implied data pre Nov 2013 added in, without knowing the history it looks OK to me... (delete the .txt to use it! upload file restrictions!)

I can't find raw data anywhere at the moment, you used to be able to rely on Yahoo to be lazy and not adjust their data but hell even they have cleaned up their act!
 

Attachments

  • UUUU-History.xls.txt
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Zed

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With Chinese real estate in default and US housing market slowing, hard to see how that bodes well for copper, even in an inflationary environment.

I heard some discussion of a situation being managed in the copper market. It was portrayed as a default with the shorts being given a paper settlement aka a managed exit without a hard default. They inferred that the copper price should have spiked if the shorts had not been protected. If true I would imagine that people are wary to short given they may be asked to deliver... supply chain issues? Maybe it is settled... I really don't know how true it all is, can't vouch for the source.
 

Goldhedge

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Looks as if gold is on the move...
 

Lancers32

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Can't figure out why I get this in my algo. Bark like a dog bitches.


 

Zed

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Lancers32

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Lancers32

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If Bob's timing is off, but his thesis is correct, is it best to be sitting in cash? What stocks/sectors would be the most recession-proof this time around?
Trade till the lights go out. Guys like this will have you out when you should be in. We already had a crash last year. Moriarty is a one trick pony.
 

Lancers32

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Approval rating can go to 0 and it won't matter.

 

gnome

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If Bob's timing is off, but his thesis is correct, is it best to be sitting in cash? What stocks/sectors would be the most recession-proof this time around?

Yeah, Lancers is right. Generally speaking, you'll miss more opportunities to the upside than you will catch crashes to the downside. There's always a chorus calling for a crash and if they are right once, they're an anointed prophet.

On the other hand, you can sell options such as iron condors that will make money whether the market goes north or south.
Or even just sell covered calls on long positions that will soften the blow a little bit and earn some extra cash to buy the dip.
 

Au-myn

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Can't figure out why I get this in my algo. Bark like a dog bitches.


Mmmm.. Think I pulled a muscle half way through but, hey, I gutted it out.

Well, I had some Call options move up nicely the past few days after cashing a Jr for a good profit. Having a good year trading.
Last year was rough.
 

Zed

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BTC.. kinda hit it's first target, a break up over the 70K area would suggest that the 100K run is on the cards. ROC gone +ve, short term Mo on the way up.

1636503010618.png