Wednesday, September 17, 2008

DoubleGoldPlay ~ DB GOLD DBL LG ETN (Public, NYSE:DGP)

In "DOUBLE GOLD" we TRUST. 

$17.8299
+2.215 (+14.19%)

... and pick one ABX, GG, KGC, or AUY. 

SPEC PLAY = RGLD 

p.s. SHORT BUS: 
NamePriceChange
URBN34.62-1.13 (-3.16%)
BXP90.92-3.24 (-3.44%)
TROW54.61-3.68 (-6.31%)
BIG29.74-1.11 (-3.60%)
IBM115.29-0.76 (-0.65%)
ORCL18.54-0.42 (-2.22%)
STI46.58-2.39 (-4.88%)

29 comments:

Anonymous said...

botd,, good call on the dgp,,


i got in on monday,, thanks

Anonymous said...

I bought KGC/AU days ago, wish i still had DGP. I will be looking for gold stock bargains this week most likely. I'm in mostly cash now other than that, made a killing today.

Hoping the media cheerleaders can get enough people buying to give me confidence to buy more puts etc. :-)

Anonymous said...

I'm in on AUY months ago at average of 16 :-( i hope to make my money back finally. sitting on all cash otherwise, looking for the market to sell off another 800 points then i think stocks will be cheap enough to catch a solid 15% bounce. any thoughts on shorting airlines yet?

Anonymous said...

How did you know gold would keep going up today?

Anonymous said...

BOTD, god talks to him

Anonymous said...

I am looking into commodity stocks, agriculture. AGU was initially being beaten up but its rebounding, people going to hedge in food/ag me thinks. Not just gold/silver.

your thoughts BOTD?

Anonymous said...

any thoughts on shorting ZION? i am in commercial real estate, i dont believe we've seen the effects of commercial real estate hit the marke yet...

Anonymous said...

Not sure about zion specifically, but commercial is going to get hit hard. You're right on that one.

Anonymous said...

Oil did not spike as much as I expected
Vix is at 35 and change.
What do you think would be the better, sell tomorrow after job and leading indicator reports or fri once options expire. The next 2 days could be crazy and who knows what the feds will pull out of their asses next.

Anonymous said...

Dollar is in serious trouble, oil will go up based on that, all commodities will. I prefer to hover on gold for the moment though. ..also agriculture

Anonymous said...

I love being on the Short Bus!

Anonymous said...

Any takes on placing PUTS on SKF
seems like a classic Too Much Too Soon sorta thing and there is bound to be annoucements to create some sort of stability and rally in the markets. My guess is late fri or early monday rally

Anonymous said...

WHEN IS A GOOD TIME TO GET OUT OF A GOLD STOCK

BUY ON THE DIP said...

is this like a knock-knock joke?

Ok, we'll bite.... When?

Anonymous said...

Sorry well i got in at 8.25 dgp

Do i still stay on for the ride?


Not sure when to get off this train



great call botd

BUY ON THE DIP said...

don't trust suntrust!

STI down 8.88%

BUY ON THE DIP said...

kgc ,,.... Up nice :-) hmmm !

RGLD , spec-tacular ... New highs soon.

BUY ON THE DIP said...

ORCL broke $18!!!!

We win , taking some profits.

Anonymous said...

BOTD,

Why is HK going down so much ?? It is going to recover anytime soon ??

BUY ON THE DIP said...

STI down 12%+! DIE!

BUY ON THE DIP said...

we almost bought HK under $20

But looks like it's going back to $15ish...

Anonymous said...

I think I might've missed the boat on DGP

Anonymous said...

STI is going down! another big day for gold. any thoughts on dry bulk shippers? EXM in particular, getting crushed..

BUY ON THE DIP said...

DGP up 10%!!!

Taking some profits! 34% in two days :-)

TROW broke $50 . We win$$$$!

Anonymous said...

wow what just happened. STI up 5% now

I say false rally. SHORT some more

Anonymous said...

shorted more STI at 50+

Anonymous said...

ok...whenever i make a trade, do the exact opposite. getting crushed on my short on STI! this rally is B.S.!

Anonymous said...

Well damn whats next
Sold SKF too early
Bought UYG too early
Sold UYG way too early
Sold gold too early
Bought gold too late

I think gold will have a sell off come tomorrow
Oil seems to be alright for now

Crazy freaking day 45 mins of bad timing cost me a 2k lost instead of a 40k profit from options

Anonymous said...

botd,, super super call about taking profit off DGP




made 5k


bad ass botd