Friday, September 5, 2008

DIG DEEP! ~ Ultra Oil & Gas ProShares (Public, AMEX:DIG)


BUY (DIG) ON THE DIP 
.... we also added (CLF) jumper, and Freeport (FCX)




Name Price Change
CLF 81.56 +0.59 (0.73%)
TSO 18.59 +0.40 (2.20%)
IO 14.44 -0.24 (-1.63%)
CAM 43.45 +0.55 (1.28%)
DIG 72.50 -1.25 (-1.69%)
DO 105.82 +1.30 (1.24%)
EP 15.22 -0.48 (-3.09%)
RIO 23.61 +0.04 (0.17%)
FCX 73.25 -1.68 (-2.24%)

9 comments:

BUY ON THE DIP said...

side note:

AGU

77.38 +3.30 (4.45%) Sep 5

Morgan Stanley is out with research notes on several top fertilizer stocks this morning: Potash Corp. (NYSE: POT), Agrium (NYSE: AGU), The Mosaic Company (NYSE: MOS), CF Industries (NYSE: CF) and the newcomer to the group, Interpid Potash (NYSE: IPI).

The firm started Potash at Overweight and set a $297 price target, Agrium at Overweight with a $143 price target, Mosaic at Overweight with a $155 price target and CF Industries and Interpid Potash with Equal Weight ratings and $180 and $65 price targets, respectively.

jd said...

Saw that, still holding it because commodities and AG will come back when reality sets in.

Anonymous said...

you got long a bunch of energy.
LOL. good luck man.

sara said...

botd,, what is a good trade for monday ,, what do i get into .

down on 4% on vlcm

jd said...

Fannie/Freddie getting bailed out. My FRE short and put options should finally pay off.

The bad news is my other financial shorts will hurt me as some are expecting a small financial rally on the news. I didn't anticipate that.

This will probably hurt the dollar which should help BOTDs energy plays.

jd said...

There may not be any financial rally come monday, its really hard to tell. Logically, there shouldn't but logic doesnt always work in this market.

Anonymous said...

are FNM/FRE Shares gonna jump like BSC? do you think the republicans will wipe out shareholders in an election year?

jd said...

FNM/FRE shares should drop like a rock. My ballsy Sep20 put options and shorts of FRE during its recent run up should pay off.

Jeff said...

NO MORE HK???

IF NATGAS BOTTOMED, HK IS BACK ON!