Wednesday, October 15, 2008

Bulls on Vacation? ~ PARADE CANCELED!



  The MOMENT(S) of TRUTH  ~ Thursday Oct 16th

1)  GAP DOWN ~  The LOWS hold! RALLY TIME ... Buy On The Dip! 
2) GAP DOWN ~ We take out 7,882? ~ The World is OVER.
3) The New Range Trade ~ Buy under 8000 DOW,  sell above 9400? 
4) BEN cuts RATES ... mini-RALLY ? ... dollar decline ;-)
5) FUCK you ... and FUCK this market! 

good night, and good luck. 

LONG:  UYG, DGP, UDN, SSO, MOS calls, DIG, HK
SHORT:  REW, BWLD puts, COF puts, BIG puts, OIH puts

9 comments:

The Conqueror said...

Nice pick, SCC up +25.40 (18.51%) yesterday!
Hi folk, what's happened with ur chatroll. I can't post my comment today

Anon said...

Jobless claims, CPI not bad.

Yesterday I was reading that VIX had 3 times the normal amount of calls, expiring on Oct. 22nd. The analyst was saying those calls will be sold before 22nd which means there will be sharp down in the VIX on one of these days.

BUY ON THE DIP said...

SSO 29.48 +0.46 (+1.59%)

CASH is KING. FUCK THIS.

DGP down HUGE 16.27 -2.05 (-11.19%)

GOLD?

lubin said...

Another suggestion for the short bus is HANS

Pepsi missed on weaker US sales
Coke Hit due to international sales
HANS ..... products are only in the US and Canada

Pep and Coke has an international cushion

Hans..... Yeah short bus

BUY ON THE DIP said...

hmmm.... rally

SSO

29.90 +0.88 (+3.03%)

The Conqueror said...

COF will report after the bell, hopefully, it will plunge tomorrow.

seizure said...

BOTD

I am re-starting your ETF basket again. the prices are literally back to where they were last friday
ROM SLX SSO DDM EEM DIG UYG KOL UYM TAN

The Conqueror said...

Is $78 the good entry point for GLD?

BUY ON THE DIP said...

COF to new lows! break 30?
36.11
-1.65 (-4.37%)


go team!

REW the DAY! ... we sold MOSKH, and DIG.