Sell IXC?? I need your help team.

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Chris Kuntarich

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Feb 9, 2012, 11:28:12 AM2/9/12
to Sanguine Strategy
Hey everyone,

Our exit strategy has been for commodities to close positions after
they have reached a 5% gain. IXC hit that mark today, but I'm not
sure that our energy position is worth closing right now. For the most
part energy has been strong with the sever cold in Europe and the
threat of supply problems in Iran. Banks are keeping the markets very
liquid right now so one way or another volatility will remain pretty
low. Any opinions (hopefully backed up) on whether we should stick to
our exit strategy or change it.

Ideas on more profitable uses of $127k will also count for reasons to
exit.

Thanks in advance for your opinions everyone,

Chris

Phil Matta

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Feb 9, 2012, 12:26:16 PM2/9/12
to sanguine...@googlegroups.com
I'm not sure how I feel about this yet.  

My thinking is that we should peak at the Economic Calendar and see if we see anything in there that could disrupt IXC.  For example if we see something in two weeks that may disrupt its current pace then maybe we act in 1 week and 6 days but maybe not right now.  

That's my personal opinion.  Unless we see higher growth rates in another ETF, and we don't see a future disruption in IXC's growth it doesn't seem logical to back out.

Let the debate begin.

Phil
--
Phil Matta
matta....@gmail.com

Chris Kuntarich

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Feb 9, 2012, 12:56:21 PM2/9/12
to Sanguine Strategy
Agreed. However, idk how much this is honestly trending with economic
calendar data because petroleum saw a build in inventory and natural
gas saw a smaller than expected decrease in inventory. Build in
petroleum is slowing, but it is still building none the less all while
IXC has posted gains in the last two days.

I think the data we should really be looking for is corporate news and
keeping our eyes pealed for "unknown unknowns."



On Feb 9, 12:26 pm, Phil Matta <matta.phi...@gmail.com> wrote:
> I'm not sure how I feel about this yet.
>
> My thinking is that we should peak at the Economic Calendar and see if we
> see anything in there that could disrupt IXC.  For example if we see
> something in two weeks that may disrupt its current pace then maybe we act
> in 1 week and 6 days but maybe not right now.
>
> That's my personal opinion.  Unless we see higher growth rates in another
> ETF, and we don't see a future disruption in IXC's growth it doesn't seem
> logical to back out.
>
> Let the debate begin.
>
> Phil
>
> On Thu, Feb 9, 2012 at 11:28 AM, Chris Kuntarich <ckuntar...@gmail.com>wrote:
>
>
>
>
>
>
>
>
>
> > Hey everyone,
>
> > Our exit strategy has been for commodities to close positions after
> > they have reached a 5% gain.  IXC hit that mark today, but I'm not
> > sure that our energy position is worth closing right now. For the most
> > part energy has been strong with the sever cold in Europe and the
> > threat of supply problems in Iran.  Banks are keeping the markets very
> > liquid right now so one way or another volatility will remain pretty
> > low.  Any opinions (hopefully backed up) on whether we should stick to
> > our exit strategy or change it.
>
> > Ideas on more profitable uses of $127k will also count for reasons to
> > exit.
>
> > Thanks in advance for your opinions everyone,
>
> > Chris
>
> --
> Phil Matta
> matta.phi...@gmail.com
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