BuyOnTheDip.com ~ Trading Stocks and Options!: The DO NOTHING Strategy ~ Ultra Financials ProShares (Public, AMEX:UYG)

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:

Anonymous said...: lol i have been doing that type of strategy for a week now :) im ahead of the game!; October 24, 2008 at 7:46 AM
BUY ON THE DIP said...: doing nothing is boring.

BUY UKF!!

21.68 -1.59 (-6.83%)

thin to win~; October 24, 2008 at 7:58 AM
Anonymous said...: don't give up BOTD!

Did we give up when the german's bombed pearl harbor?.................; October 24, 2008 at 8:14 AM
Anonymous said...: Lol that was Japan; October 24, 2008 at 8:16 AM
Anonymous said...: it was a quote from the movie Animal house.

http://www.youtube.com/watch?v=V8lT1o0sDwI; October 24, 2008 at 8:36 AM
Anonymous said...: i wonder how long it took him to find that link; October 24, 2008 at 8:56 AM
bhbusa@att.net said...: out of my aapl calls, only made 10 bucks a call. lost faith with the market, cash is good.; October 24, 2008 at 9:04 AM
Rishabh Bhandari said...: Short SKF :-); October 24, 2008 at 9:42 AM
Anonymous said...: I still say the dollar rally is total non-sense. I'm waiting for the dollar to fall off a cliff again.; October 24, 2008 at 10:13 AM
Anonymous said...: long commodities/short financials...dollar rally is overdone..agree w/ jd; October 24, 2008 at 10:45 AM
Anonymous said...: only plays worthy of a scalp right now is SKF, EEV, and SRS....buy on the dip...then sell...rinse and repeat..!!!!!; October 24, 2008 at 10:47 AM
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!; October 24, 2008 at 10:56 AM
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.; October 24, 2008 at 11:58 AM
Elizabeth J. Neal said...: Awesome blog. I enjoyed reading your articles. This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work! Corporate tax return Ottawa; May 5, 2021 at 2:13 AM