Lance

More ripples: http://fuelfix.com/blog/2015/01/28/bp-cuts-jobs-in-houston/ Thanks Lance

GREK Thanks, Lance

MBT Thanks, Lance

Check out what's happened to some of the Texas bank stocks - FFIN, PB, TCBI. Also, Halliburton and Schlumberger are laying people off. I have a hard time buying treasuries here, but I think yields are going lower. Interesting times. Thanks, Lance

I'd opine that there already is more going on than North Dakota cooling off a wee bit. http://blog.chron.com/primeproperty/2015/01/amid-low-oil-whos-moving-forward-with-houstons-big-real-estate-deals/#21137103=0&30039101=0 Thanks, Lance

Haruki Murakami's Colorless Tsukuru Tazaki and His Years of Pilgrimage Thanks, Lance

QIWI Thanks, Lance

EWP (iShares MSCI Spain Capped ETF) Thanks, Lance

Added to my IWM short and bought small amounts of EWI (iShares MSCI Italy Capped ETF) and PGAL (Global X FTSE Portugal 20 ETF). Thanks, Lance

Very small amount of GREK (Global X FTSE Greece 20 ETF) Thanks, Lance

Thanks ni-co. I listened to his presentation. It made me want to buy TLT and add to Fairfax. Thanks, Lance

I bought SHLD and shorted IWM. Thanks, Lance

BG2008 - one of the funds I work with uses USL (United States 12 Month Oil ETF) rather than USO precisely for this reason. From Commodityhq.com, "USL invests in the next twelve months’ contracts, allowing the fund to reflect the average price of a light, sweet crude oil contract over the coming year." Thanks, Lance

LOL, Everyday that goes by where I see my LUKOY position get slaughted I think to myself "I wonder if Lance is going to post that he is buying more today" :) lol. It's been painful. Thanks.

BP, LUKOY, OGZPY and SBRCY Thanks, Lance

AtlCDore - I'm long CTCM, LUKOY, OGZPY and SBRCY. Other than CTCM, I'm buying as they go lower - I added to LUKOY today. At some point I will buy ERUS or RSX, but not sure when. Thanks, Lance

Lukoil Thanks, Lance

My guess is that no one really cares about Putin or Russia in any important sense... excepting perhaps those living in Eastern Ukraine, who aren't Russian. My guess is that a lot of people care about Putin and Russia in a very important sense - i.e. Russia has the second most powerful military in the world and is expressing expansionist tendencies and engaging in hostile, provocative activities (e.g. Russian war ships performing exercises in the English Channel, Russian war ships near Australia during the G-20, threats to send Russian bombers to the Gulf of Mexico). The West wants to curtail these expansionist tendencies and hostile activities and if it has to sacrifice parts of the shale industry, so be it, it's cheaper and safer than an actual war. Its all political rhetoric. The Russian expansionist tendencies are not even comparable to the American interventions around the world. You watch too much CNN and Fox news. Perhaps. Whether or not America intervenes around the world has nothing to do with whether anyone "really cares about Putin or Russia in any important sense". A lot of people spend a lot of time and effort watching Russia and trying to figure out what it's going to do. Also, I don't watch CNN or Fox, I watch CNBC. :)

My guess is that no one really cares about Putin or Russia in any important sense... excepting perhaps those living in Eastern Ukraine, who aren't Russian. My guess is that a lot of people care about Putin and Russia in a very important sense - i.e. Russia has the second most powerful military in the world and is expressing expansionist tendencies and engaging in hostile, provocative activities (e.g. Russian war ships performing exercises in the English Channel, Russian war ships near Australia during the G-20, threats to send Russian bombers to the Gulf of Mexico). The West wants to curtail these expansionist tendencies and hostile activities and if it has to sacrifice parts of the shale industry, so be it, it's cheaper and safer than an actual war.

OGZPY (Gazprom) Thanks, Lance

Out of curiosity, from what level were you shorting? $223 Thanks, Lance

Bought Lukoil, covered my TSLA short. Thanks, Lance

SBRCY (Sberbank) Thanks, Lance

Bought: BP and OGZPY (Gazprom) Shorted: ADBE (Adobe) and RAX (Rackspace) Thanks, Lance

If you feel oil is going lower (or staying where its at) it would seem to me one would buy the transports. Thanks, Lance