within49miles - Latest Comments

Re: The Biggest Burrito by Anthony Brown

Justin — Thu, 24 Sep 2009 17:43:03 -0000

Where in Houston was this? I want to check this place out.

Re: CNBC discussing leveraged etfs ~6 months after the Stocktwits community by Anthony Brown

ZenProfit — Wed, 02 Sep 2009 19:40:39 -0000

One problem with CNBC is that the nature of their business model forces them to be behind the curve. Just look at the commercials it runs. Obviously the demographic is 68-year old male retirees. Mark Hoffman, the head honcho, is caught between 30 Rock and a hard place, because in order to gain market share he has to either force Mandy to show more cleavage every day or revamp the entire network to attract 20-40 year old professional traders. Unfortunately there may not be enough numbers (yet) in that group to keep the eyeball count over 200K.

Re: Wow Twitter, You Suck! by Anthony Brown

anthonybrown — Wed, 19 Aug 2009 20:32:12 -0000

I love that you can use twitter to leave a comment! Just not right now..

Re: The monster that is UNG – A quick Stocktwits study by Anthony Brown

anthonybrown — Tue, 18 Aug 2009 15:27:42 -0000

Great stuff! My understanding is storage is much more difficult for Natural Gas, so the storage trade that was done with oil won't work.

I'm personally a technical trader with a little fundamental bias, so this knife catching is way too fundamental for me.

Re: The monster that is UNG – A quick Stocktwits study by Anthony Brown

ivanhoff — Tue, 18 Aug 2009 14:09:23 -0000

Oil was in similar situation (steep contango) at the beginning of 2009 and this was smartly used by GS and other trading firms, who bought on the spot, sold oil futures with expiration 6-9 months ahead, paid the storage cost and later (now) just pocketed the difference, which is substantial. But you are right about UNG - as long as contango is in place, it is likely to continue to decline. If people want to be long natural gas, they'll be much better off if purchase natty futures (even though they are at multi-month low). As far as I know UNG is buying front month futures and just before they expire, they roll over to the next available month futures. Even if natural gas futures start to climb, UNG will lag in its advance. I am staying away from UNG for now, but if I was GS I'd be simultaniously buying at the spot, storing and selling March natty futures. As long as you have enough capital and can find cheap enough storage, it is an arbitrage transaction.

Re: Looking Forward To More Chicks! by Anthony Brown

Jen Goode @ 100Directions — Mon, 11 May 2009 17:23:26 -0000

awesome penguin photo!

Re: Congratulations To All The Natural Gas Bulls! by Anthony Brown

anthonybrown — Thu, 07 May 2009 19:39:35 -0000

Yeah, this is great! I have several friends and family members that read my blog, and always want to find out a little more about the companies and symbols I mention.

Re: Congratulations To All The Natural Gas Bulls! by Anthony Brown

howard lindzon — Thu, 07 May 2009 14:21:31 -0000

love the plugin. thnks for using

Re: FAZ and FAS to cross next week by Anthony Brown

anthonybrown — Mon, 13 Apr 2009 18:01:22 -0000

Looks like it happened, just as predicted!

Re: FAZ and FAS to cross next week by Anthony Brown

anthonybrown — Fri, 10 Apr 2009 14:04:16 -0000

At this point, I'm just predicting a cross - that's not to say, they then reverse and cross again.

Ultimately, there will be a point when the $XLF only moves a percent or two in an average day, which will have a very interesting impact on these vehicles.

$GS, $JPM, and $C will be reporting next week, which will probably cause a great deal of volatility in these 3x monsters! Maybe they will cross multiple times next week..

Re: FAZ and FAS to cross next week by Anthony Brown

Jack Bennett — Fri, 10 Apr 2009 13:54:57 -0000

so, assuming they cross at approx $9.50 I can buy the same # of shares of each and will have an investment with downside of $9.50 and an upside of $100 based on one of them marching forward in coming weeks/months......an interesting and profitable collar if you can stand the drawdown.

Re: Natural Gas Value Proposition by Anthony Brown

anthonybrown — Fri, 03 Apr 2009 16:01:39 -0000

Price doesn't appear to be agreeing with you.

Re: Natural Gas Value Proposition by Anthony Brown

SBTrades — Fri, 03 Apr 2009 15:36:56 -0000

and the price of Coke per gallon compared to a gallon of ethanol ? Who cares.

there is loads of supply online, even with the drop in drilling.

http://www.marketwatch.com/...{F884C3F6-D5CD-4B45-9098-06C660A1278E}

Re: GU To Breakout Soon? by Anthony Brown

anthonybrown — Fri, 03 Apr 2009 11:28:22 -0000

Wow! At 1.98 already, this thing didn't wait one bit!

Re: Natural Gas Value Proposition by Anthony Brown

gregor.us — Fri, 03 Apr 2009 09:18:41 -0000

Nice post. I see you are living the good life in SF. The Zoo. Light Rail. Food, friends. Well done.

Re: Why I’m Short Crude by Anthony Brown

anthonybrown — Thu, 26 Mar 2009 10:43:04 -0000

Looking back to this, hope you made some coin on that thrust beyond $50!

Re: Why I’m Short Crude by Anthony Brown

anthonybrown — Sun, 01 Mar 2009 10:29:02 -0000

Cheers to the inflation trade! The good news with that one, is you've got helicopter Ben dropping so much cash from the sky!

I'm short oil here, but only for the short-term - when the time is right, I'll be right on that inflation trade with you!

Have a great weekend!

Re: Why I’m Short Crude by Anthony Brown

JimPunkrockford — Sun, 01 Mar 2009 03:03:03 -0000

just looking at it from the other side, i'm an "inflationist", and i'm sorta long oil. but i like your risk/reward on this trade, make it happen.

Re: Why I’m Short Crude by Anthony Brown

anthonybrown — Sun, 01 Mar 2009 02:02:09 -0000

Maybe just a little, but it's a little too close for me. Ultimately, the macro-economic fundamental picture is what I see being the cause of more red candles to come.

Even if those are in fact lower lows, my short crude thesis is short term - as I've said, I'm not looking to break that $33 mark. For suspense, a tightening wedge over the next month would really make this an interesting chart to watch!

Re: Why I’m Short Crude by Anthony Brown

JimPunkrockford — Sun, 01 Mar 2009 01:24:06 -0000

aren't those higher lows also?

Re: E*Trade Baby Out-takes - Long $ETFC by Anthony Brown

anthonybrown — Thu, 26 Feb 2009 20:49:58 -0000

ETFC is obviously trading like it's dying, I'm no longer playing with the name, until it shows some real signs of life.

Re: Very Long Here by Anthony Brown

anthonybrown — Fri, 06 Feb 2009 12:48:57 -0000

ESLR obviously bombed on their earnings, so I'm out. I also took profits on TEX and USB.

Re: http://www.within49miles.com/posts/elephant-crossing-flickr-followup-to-my-best-africa-tweet

Janette Toral — Sun, 25 Jan 2009 06:40:35 -0000

That must be an amazing experience. Hope you have videos of it too.

Re: Gigantic Front-page Ad On YouTube by Anthony Brown

anthonybrown — Thu, 22 Jan 2009 11:07:51 -0000

Looking at a long-term chart, it looks like it worked out pretty well for him!?

Just bought my share, new avg cost: $383.88.

Re: Gigantic Front-page Ad On YouTube by Anthony Brown

rmultiples — Thu, 22 Jan 2009 10:12:26 -0000

Interesting plan. A friend of mine was doing something similar with Disney back in the 80's. I hope it works out for you over time.