Friday, October 24, 2008

The DO NOTHING Strategy ~ Ultra Financials ProShares (Public, AMEX:UYG)

... WE GIVE UP!

.
LONGS:
HK
UYG
UYM
KOL
POT calls
AAPL calls


.

SHORTS:
STI puts
IBM puts
BWLD puts
BIG puts


p.s. CASH is KING.

14 comments:

Big Mike said...

lol i have been doing that type of strategy for a week now :) im ahead of the game!

BUY ON THE DIP said...

doing nothing is boring.

BUY UKF!!

21.68 -1.59 (-6.83%)

thin to win~

seizure said...

don't give up BOTD!

Did we give up when the german's bombed pearl harbor?.................

Big Mike said...

Lol that was Japan

seizure said...

it was a quote from the movie Animal house.

http://www.youtube.com/watch?v=V8lT1o0sDwI

Anonymous said...

i wonder how long it took him to find that link

bhbusa@att.net said...

out of my aapl calls, only made 10 bucks a call. lost faith with the market, cash is good.

Anonymous said...

fuck.. the world is cumming to the end.. again 2 time this month

Rishabh Bhandari said...

Short SKF :-)

jd said...

I still say the dollar rally is total non-sense. I'm waiting for the dollar to fall off a cliff again.

Anonymous said...

long commodities/short financials...dollar rally is overdone..agree w/ jd

Anonymous said...

only plays worthy of a scalp right now is SKF, EEV, and SRS....buy on the dip...then sell...rinse and repeat..!!!!!

cl said...

I transferred all money from options express back to my high interest savings account....screw this bipolar ass market....technical analysis is out the window, and without it, might as well go to vegas, and I don't play no stinkin' poker!

BUY ON THE DIP said...

if POT doesnt close the day in the green and BIG does....

we will quit smoking weed, retire from trading, and apply for a cashier job at BIG LOTS.

there's one about 2 miles from the house, not a bad commute. go team.