End of day selloff .....market turns RED!

At the time of our AM post, the market was up big, all the DIPfolio staples were up big, we took some profits and the market went to shit. We do note some positive afterhours buying, but still....we wanted to end the day green...arg!

RIO, SBS, HK, CAT ended GREEN
.....POT and NYX ended RED.

Bulls confused?
Bears misunderstood?

The DIPfolio is GREEN! ... CAT is green, SBS is green, RIO is green, HK is green, NYX is green, and POT is definately GREEN!

MONTH END is green!!!

....lets take some profits in POT (5 and 10% gains) , HK options (25%+ gains) , NYX options (25%+ gains) , ....and CAT options are even again!

Here it comes....the Last Day of the Month!

If you are a broker, a trader, a bank, an investor, a salesperson, etc...if you know sales, you know MONTH END!

Last day to hit numbers, last day to effect your income, this is it.

And with the month of JULY being a NEW HIGHS and the BIGGEST DIP month since FEBRUARY (look what happened back then)...record volume trading and selling galore last week...this will be a day of discovery and one to remember.

.....the "market makers" want to end the month GREEN!

was this DIP the real RED, ...or just another SCARLETT?


DIPfolio "current" favorites:

HK
CAT
POT
NYX
SBS
RIO*

(*reports earnings in the AM)

watching NMX* earnings tomorrow too, we've traded successfully and own some leftovers now...go exchanges!

This Market has wings! .... PERTOHAWK ...14.90 +0.81 (5.75%) Jul 30, 9:53AM ET

The BOTD logic says to take profits at 5% and 10% gains ... .... .. then let the rest ride.
.

BOTD loves HK!
14.90 +0.81 (5.75%) Jul 30, 9:53AM ET

<-----check out the "big green buy" late on Friday...someone wants to own this stock!

watch as we hit our head on $15/share for a bit...we did already once today.

SELL EVERYTHING part III .... down she goes ...

There are two good things about today!

1) NYX upgrade ... and when people sell, the exchanges make money!

2) it's Friday!

.... buckle up, its gunna be a bumpy one...

The Market is RED ....POT is Green!

The world of stocks choked today...and it hurts!

One of the only greens in our Dipfolio was POT.... seems like a great solution to numb the pain.

DOW down 400+ points for a bit today, and its not over yet....watch for early green tomorrow...don't fall for the trick, wait for more dips before buying.

Bob please save us!!!!

p.s. This is not a reco, just an FYI....the other greens in the DIPfolio were, ... leftover apples (AAPL), and holy crap were the wifeys right on (CROX)...... and the last green was leftover winnings from the ROO trade, which if you look at the chart are almost nothing at this point, but...(RGRP).....tech is back in play says Cramer....and the tape proves it....who's got a good tech play?

SELL EVERYTHING part II .... more pain for the DIPfolio!

PETROHAWK ENERGY CORP COM (HK: NYSE)
14.06
-0.57 (-3.90%)

.....if/when HK goes under $14/share we will buy more today.
.....when you can't take the pain anymore, and all is lost, and the world is over....BUY!
BOTD "pick of the year" will continue to be bought every 5% dip until we run out of money.

THE DEMAND FOR OIL hasn't changed .... the HK story hasn't changed.
...the market has, but if we aren't saying BUY ON THE DIP , who will? ...BOTD!

The VIX is wild .....testing new highs! oooohhhhh, ahhhhhhhhh

VIX
19.73 +1.63 (+9.01%)

are you scared?

......please BUY something today, cheaper then yesterday....stocks on sale....BUY BUY BUY!

We want to get high, so high ~~~ BOTD loves POT!

Potash Corp (NYSE:POT)

We've been waiting to add this one all year it just never dipped until now, its one of those "great stocks of 2007" and after this week its time for some POT.

POT 77.28 -1.97

(-2.49%)

.....POT hit the low 75's today...call it peer pressure?!? ....we can't resist anymore!...we need to go higher and what better way then with the "sweet leaf" ...BOTD loves POT.

.

....p.s.. Volcom, Inc. (NASDAQ:VLCM)

someone said something about VOLCOM tomorrow.
VLCM ....hhhmmmmmm.....just a rumor or opportunity knocking?
After Hours: 46.13 -0.27 (-0.59%)
Down 10% from its peak (get it "peak"...hehe, subtle surfing reference).... Buy On The Dip ...... VLCM ... ride the wave!

STOP LOSS: ouchhhh MTW falls off the earth!

MTW was a bad call...timing was poor with bad CAT poo on the highway and overall market negativity.



sorry team.


SELL for now....we still like, but we are holding CAT, we don't need both right now....we did like the MARINE side of MANITOWOC, but ohh well, hit the sell.

WINNER: CE .....39.60 +1.07 (+2.78%) CELANESE CORP (CE: NYSE)

CELANESE CORP (CE: NYSE)

some said this was a crappy pick...we disagree.

go team! http://www.buyonthedip.com/2007/07/watchlist-adds-celanese-corporation-ce.html

SELL EVERYTHING!!! ... the WORLD is OVER!

just kidding ... but hey, remember when? ... at the beginning of the year or last month ... last week or last quarter ... when it was the worst day ever, and then the best day ever ... today the bull market is over, tomorrow its too strong to be stopped ... the market loves DRAMA and wants your MONEY!

We all want the sexy stocks that go higher and higher, bring paradise, and make us RICH! ... what if there were no dips? .... soon we'd say, "ohhh its had its run" or "too high to get in now" ... THE MARKET WANTS YOUR MONEY and will let you back in!

In 2007 the "good stocks" were up 25%+ and the "great stocks" 50%+ YTD, .....for the "big money folks" that's too much! How can average joe investor make 50% returns in half a year just holding a few good names?...then the sky starts to fall and the world is over ... THIS MARKET WANTS YOUR MONEY!

you know what we say: BUY ON THE DIP


Pick up some more of the stock "you" love, ...or buy "the one that got away", .... start checking off your shopping list ... your money belongs in this BEAUTIFUL market and in your favorite stocks... BOTD!


....then this:

.

.

.

.
.

with this:

FUCK IT! $1000 on HK option! (HKAC)

07/24/07
11:46 AM EDT
Account
-->
Buy 6 HK Jan 15 Calls Executed @ $1.8

another $1000+ invested in HK

.....this time with the power of options!

BUY ON THE DIP

We know some readers doubted CE ...but on a red tape...38.85 +0.83 (+2.18%)

CELANESE CORP DEL COM SER A (CE: NYSE)
38.85
+0.83 (+2.18%)

....and we will be more clear about 'buy' vs 'watch' in the future, .... if you bought on our 'watch post' , you'd be up now....if you watched it drop another 5% in the AM the day after our 'watch post' , you'd be up over 5%+...

either way, it's a win for the DIPfolio on a bloody day.

THE BRAZIL BOOM BOOM! new 52 week highs for SBS & RIO!

COMPANHIA DE SANEAMENTO BASICO SPONSORED ADR (SBS: NYSE)
51.90
+1.69 (+3.37%)

For the love of WATER!

COMPANHIA VALE DO RIO DOCE SPONSORED ADR (RIO: NYSE)
53.10
+2.13 (+4.18%)

ok, fine ....take some profits too.
our previous brazil posts:
http://www.buyonthedip.com/search?q=brazil



AND .....our "CAT CALL" paid $$$$$$, http://www.buyonthedip.com/2007/07/cat-crap-down-8-can-you-buy-on-dip.html ....25%+ gain for the DIPfolio!

AND ... our other 4th of JULY pick is starting to catch fire! (CLX) Clorox 64.87+0.97 (+1.52%) http://www.buyonthedip.com/2007/07/happy-birthday-america.html ...CNBC Fast Money hyped the "call options" tonight! ...hmmm...BOTD calls on July 4th, FAST MONEY July 23rd.

CAT CRAP! down 8%+ ....can you BUY ON THE DIP!?!!!!

CATERPILLAR INC (CAT: NYSE)



find an option and BUY it for CAT!
...we like strike price of 80, pick one toward the end of the year or next...and BOTD!



this is a GIFT!



BUY BUY BUY!

EXAMPLE: .... 6.90-4.79 (-40.98%) CATERPILLAR INC DEL COM JAN 19, 2008 $ 80.000 CALL (CATAP : OPRA)

....BUY CAT for under $7 bucks!!! ......do you think CAT will be above $87 by JAN??? if so BUY!

WATCHLIST adds: Celanese Corporation (CE) 38.30 -2.97 (-7.20%) ... Cramer likes chemicals, we like dips!

Celanese Corporation is on the DIP....Cramer pumped chemical stocks tonight, we did some quick research and this dipper stood out for obvious reasons....

CE

38.30 -2.97 (-7.20%)

S&P keeps buy rating and target of $46 ... and hey, the DIPfolio lacks a "chemicals manufacturing play"....here goes! CE After Hours: 37.90 -0.40 (-1.04%) - Jul 19, 7:24PM ET ....

Flap your wings and fly lil' birdy! PETROHAWK ENERGY (HK: NYSE) 16.00 +0.61 (+3.96%)

Today makes the DIPfolio happy, our pick of the year PETROHAWK ENERGY (HK: NYSE), is starting its next flight up.

We were sooooo tempted to make an option call when it dipped below $15 on monday....did you watch the JAN 2008 15 calls DIP under $2 for a bit?...then back 2.37 +0.37 (+18.50%) ... have faith in our lil' birdy!

GO HAWK , GO TEAM!

WINNER: MACY's ...just M.....(hey we've seen this headline before, hmmmm)

BOTD calls another one! Today's talk of Macy's going private sealed the deal for the DIPfolio.

MACY's (M: NYSE)
43.09
+3.06 (+7.64%)

...check out the 3 month chart... BOTD buy RECO was MAY 16th, when it was a confusing Federated (FD) ...back then, with the switch to "just M" we couldn't resist the sexy dip... and heck, we shop at good ole M... if ya bought, held on or even traded this retail rollercoaster since our reco, today was your day... hands up ! weeee! take more profits! M trade above 45+ at the open, and ended just above $43....a reminder to take some profits and "sell the news" ....and go with the DIP LOGIC of 5% & 10% profit taking in the short term, and LONG the long term...go bulls! GO TEAM!

p.s. check out all the 5%+ bounces, wish we had bought every dip.

p.p.s. BUY something on todays DIP....look at the chart for a "good stock"... pick one, pick any... and think...hmmm...."what if I had bought every dip?"

CRANES, FOOD, & MARINE = MANITOWOC INC COM (MTW: NYSE)

DIPfolio starting a position at $82.


Low:
81.73



taking the $80 to $100 cramer logic....Global Growth, ....Builders need CRANES!!



http://www.manitowoc.com/


lets get those 5% and 10% gains on this one!

NEW 52 WEEK HIGHS ~ did we mention Brazil yet?

BRAZIL, BRAZIL, BRAZIL, ...viva BRAZIL!

We even went to the extreme of posting brazilian boobs at a soccer game to get attention! ....did you listen? did you buy? do you own BRAZIL?

http://www.buyonthedip.com/2007/07/brazil-busts-out-new-52-week-highs-for.html

SBS
50.16
+1.24 (+2.53%)

RIO
51.02
+1.65 (+3.34%)

.....and our lil' kitty...purr

CAT
83.49 (+1.58) .....not exactly BRAZIL, but CAT is our global machinery play!

7/12/07

How can you not like OPTIONS? >>>> Leverage = POWER ....take advantage!!!

Leverage your money by using OPM (Other People's Money)
...not the movie with Danny DeVito...we're talking OPTIONS!

OPTION LEVERAGE turns small moves in the common stock into BIG PROFITS for the DIPfolio.


NYX option call > common stock up 10%

> BOTD option call up 50%


added to the DIPfolio at $8.90 ... that chart is just too sexy!!!


CLX option call > common stock up 2%
> BOTD option call up 15%+ *profits taken*

ACM option call > common stock up 15%
> BOTD option call up 290%+ *profits taken*

Our strategy is simple ... pick a stock you like, buy the option instead.

We look for options that are at-or-near-the-money, sometimes slightly in-the-money....for us it makes the math easier. Pick a stock you want on the DIP, check the options, look for one that has moved less (relative to the stock movement)...then BUY "the option" ON THE DIP!

BOTD also likes option "calls" where the current stock price is at, near, or close to the strike price....again keep the math simple...and keep the logic simple.

WE LOVE PUSSY!..purrrrring with CAT ...81.22 +1.39 (+1.74%)

CATERPILLAR INC
(CAT: NYSE)

MEOW!

BOTD added on the 4th of JULY HAPPY B-DAY AMERICA post http://www.buyonthedip.com/2007/07/happy-birthday-america.html ....and now look at the chart.


We love the global/mining/infrastructure/engine/energy/power machinery boom...
CAT is one of the BEST!

.

How else are you going to move the earth!?! ....hmmm.....CATERPILLAR : MOVE THE EARTH part 52....new highs coming to a theater near you.

NYX option play ....what a sexy dip!

NYSE EURONEXT COM JAN 19, 2008 $ 75.000 CALL (YVXAO : OPRA)
Today 11.60 +1.60 (+16.00%)

our buy RECO!

http://www.buyonthedip.com/2007/06/options-call-on-nyx.html

OPTIONS ARE WONDERFUL!

BRAZIL BUSTS OUT!!!!! ....new 52 week highs for DIPfolio favorites SBS & RIO

BRAZIL POPS OUT!!!
Our ORIGINAL BUY POST: http://www.buyonthedip.com/2007/05/sao-paulo-in-house.html



BUY on any pull back.....so hot right now!!!!










don't get out your cute "shorts" just yet...

WINNERS: PLD pays!!! We added this REIT/Commercial/Industrial/Leasing play last week on the dip....

PROLOGIS (PLD: NYSE) has been on the rise since our RECO over the weekend....and on a short holiday week, we get that 5% + gain that we so desire!

PLD over 60.00 +1.23 (2.09%)
.....TAKE our usual profits at 5% and 10% gains. go team!

Original BUY post:
http://www.buyonthedip.com/2007/06/real-estate-reco-yes-but-this-pro-is.html

HAPPY BIRTHDAY AMERICA! ....

BOTD celebrates independence with excavators & lighter fluid! .... (CAT & CLX) .....what could be more AMERICAN?

Caterpillar Inc. (NYSE:CAT)

77.99 -2.46 (-3.06%)

P/E = 15 ....hmmm ... 18+?

today's downgrade cost our kitty 2+ points & we want them back! BUY ON THE DIP!

.

Clorox Company ( NYSE:CLX)
62.08 -0.11 (-0.18%)

CLOROX products =

KINGSFORD CHARCOAL

KC MASTERPIECE BBQ SAUCES

(very 4th of July appropriate)

.....and...ummm, oh yeah, BLEACH.

and for our risky option lovers :

CLOROX CO DEL COM JUL 21, 2007 $ 60.000 CALL (CLXGL : OPRA)
2.25
-0.20 (-8.16%)

....BOTD loves those at/near the money calls...options on fire!

HAPPY 4th!