Thursday, March 13, 2008

SHORT the USO as OIL goes to $115?

CALLING TOPS = HEAD CHOPPED OFF

We must be bored...and in need of a gambling style RUSH.

USO hits NEW HIGH of $87.79!!

Record high OIL @111 = Record low puts on USO

SHORT LOGIC = boredum + OIL up too much, too quick
(3 month chart above .... FEB to NOW 70 to 87 , wow!)

yo mama says "you nappy" (don imus is a moron) .... UNAPI ! (p.o.p)


APR 19, 2008 $ 87.000 PUT (UNAPI : OPRA)
Day's Range
4.10 - 4.80
current bid $4.30
current ask $4.50
... $4.20 sounds like a nice starting point. (4:20 bro!)

or wait for another p.o.p. and try APR 19, 2008 $ 90.000 PUT (UNAPL)

2 comments:

Your Adarsh said...

lol Why not just buy some DUG?

BUY ON THE DIP said...

DIG & DUG use stocks. check out holdings.

http://finance.yahoo.com/q/hl?s=DIG


USO is more just price of oil. light sweet crude.

p.s. its also our "black-eyed LONG hedge"