Tuesday, October 14, 2008

CASH is KING! part 250B ~ PowerShares DB US Dollar Index Bearish (Public, AMEX:UDN)


The ETF Basket of Profit Taking!

... our BASKET is now made from CASH!

TOP HOLDINGS:

1) CASH!!! $$$$$

2) DGP 18.01 +0.27 (1.52%)

3) UYG 12.32 +1.42 (13.03%)

4) DIG 39.48 +1.32 (3.46%)

5) UDN 26.28 +0.15 (0.57%)

UPDATE: added REW

( apple disappoints with no sub $1000 mac)

15 comments:

BUY ON THE DIP said...

HK was above $15 this morning , we had to sell it. sorry floyd!

SARA said...

LOL .



GO TEAM

Anonymous said...

ANY THOUGHT IF WE WILL BREAK THE LOWS OF THRU?

BUY ON THE DIP said...

yes, i think we will go back down, but not until we go up a bit higher.

ride the snake!

p.s.
we just bought HK back @ 13.50
.... we had separation anxiety!!!

BUY ON THE DIP said...

added REW!

tech spending is over.

AAPL down .

short tech!!!!!

buy REW under $100

96.1599 +4.2199 (+4.59%)

target $110.

BUY ON THE DIP said...

REW on the move!

97.50 +5.56 (+6.05%)

BUY ON THE DIP said...

hmmmm .....

101.49
+9.55 (10.39%)

Steve said...

Apple Reduces MacBook Price to $999 to Woo Shoppers (Update3)

By Connie Guglielmo

Oct. 14 (Bloomberg) -- Apple Inc. plans to offer its first Macintosh notebook priced at less than $1,000 this holiday shopping season to attract budget-conscious U.S. consumers stung by the global economic crisis.

Chief Executive Officer Steve Jobs cut the price on the current MacBook models to $999 today at an event at Apple's headquarters in Cupertino, California. He also introduced an aluminum-clad version with a glass display that will sell for $1,299 and updated the MacBook Pro line with slimmer models.

The stock fell 5.6 percent. Investors may be concerned the price reduction won't be big enough to persuade consumers to buy amid the economic slump, said Piper Jaffray & Co. analyst Gene Munster. Apple gets half its revenue from the Mac, with laptop sales climbing at more than twice the pace of desktops last year. The MacBook is Apple's best-selling machine, Jobs said.

``People wanted a price cut,'' Munster, based in Minneapolis, said in an interview today. ``They wanted $900 MacBooks.'' Still, consumers probably will be impressed with the new designs, which represent a ``substantial upgrade.'' The current MacBook, enclosed in a white plastic casing, had sold for $1,099.

BUY ON THE DIP said...

INTEL , you bastard!

After Hours: 16.62 +0.69 (4.33%)

REW the day!

Anonymous said...

Today morning as told yesterday, I had to do what I had to. Excuse me, BOTD - short sold at 14.86 in AM and then shorted again at 12.94 45 mins before close.

ROFL, I just couldn't resist the 2nd one though the 2nd short sell was very small position. Lol.

Can you guide us on this one please?

Anonymous said...

The stock was HK, I forgot to mention it.

BUY ON THE DIP said...

nice play, you win. at least for today.

just remember it moves quickly either direction.

BUY ON THE DIP said...

p.s.

and you called it yesterday! nice one.

Anonymous said...

I think oil players were looking for Omar to strike the gulf. It turned quite the opposite.

One more thing, how about the oil going down for the sake of elections? Past 4 elections, oil was down atleast till 1 month after elections and then gradually up.

I think I will close it today, even if it goes > 13 tomorrow - fine for me. Take the profits!

Thanks. :)

Anonymous said...

Close it tomorrow*