Friday, September 26, 2008

STOCK MARKET CRASH: Finalize Bailout? .... or Go on Television?

Who wants to be on TV!!!??!!

i do , i do ! 

Will AMERICA use $700 Billion to BUY ON THE DIP? 

“I’m feeling a little better tonight,” McCain reassured. “We are seeing for the first time in a long time, Republicans and Democrats together sitting down trying to work out a solution to this fiscal crisis that we’re in.”

When asked whether he intends to vote for a rescue plan , McCain said, “I hope so.”

“We haven’t seen the language yet,” Obama explained. “I do think there is constructive work being done.”

BOTD added calls on UYG as a hedge against our COF, STI, and TROW puts.   

p.s.  We SOLD some DGP, KGC, ABX, and GG today for BIG profits.  We also took some "basic material" related losses on CLF and RIO,  lastly we took some off the "oil" plays  ... CASH is KING!  

p.p.s.   Team CLICK-Happy WINS!  ... thanks to Sara, Kevin, JD, anon, etc... we won our "google ads" click contest with over 184 clicks!!!  TEAMWORK makes the DREAM WORK.  

3 comments:

BUY ON THE DIP said...

haha,

jd .... here's your BAILOUT ticker of choice.

UYGJD

UYG Oct 2008 20.0000 Call


p.s. yes, we know the bailout will be a BAD thing for the economy. but the market is retarded and will go higher in the short term.

BUY ON THE DIP said...

whats up with FLOYD?

we've had tons of hits today from people searching google for "Floyd Wilson, CEO" ....

was he on TV today too?

Jamie said...

JPM and WFC, why fight the tape.