Friday, October 10, 2008

The ETF BASKET of INSANITY! ~ RALLY TIME!



The ETF Basket of LOVE:   

UYG up 8%!!! , UYM, ROM, EEM, UKF, SLX, DIG, KOL, TAN

BEAR Hedge:   Puts on IBM, OIH, BIG, BWLD, COF 

15 comments:

BUY ON THE DIP said...

The BOTD "don't get all happy" ETF Basket

up 13.91%

shhhh,....

BUY ON THE DIP said...

p.s. remember, a 100 point move from these levels is larger than when the dow was five figures.

Anonymous said...

BOTD, It sure is dark times for us. But, we liked your white background of your blog symbolizing as shining light.

You changing your blog color to dark is depressing me further.

:(

BUY ON THE DIP said...

Agreed. We just went bullish and wanted to take the PutsOnThePop Bear logo off the header ... We'll change the BOTD Bull logo to white over the weekend and go back to the great white hope!

but tonight we need a break , today was nucking futs...

Have a good weekend , cheers!

Go ETFs!!

HANK the TANK said...

go UYG!

Paulson Says Will Buy Bank Equity `Soon as We Can' (Update3)
By John Brinsley and Rebecca Christie

Oct. 10 (Bloomberg) -- U.S. Treasury Secretary Henry Paulson said the U.S. will buy equity ``as soon as we can'' in banks and other financial institutions to restore market stability and revive economic growth.

The Treasury is ``working to develop a standardized program that is open to a broad array of financial institutions,'' Paulson said at a press conference after a meeting in Washington of finance ministers and central bankers from Group of Seven countries.

The injection of equity would be aimed at sustaining banks and other financial institutions through the worst credit crisis in seven decades. Paulson declined to give a timetable or details about the purchases, and signaled that markets may be in for turmoil ahead.

``We're going to do it as soon as we can do it and do it properly and do it effectively and right,'' Paulson said. ``Trust me, we are not wasting time; people are working around the clock to deal with this.''

yeeeeaa booooyeee! said...

does James Brown remind you of Flava Flav?

hmmm....

BUY ON THE DIP said...

new site color . white.. black & orange.

tonight BOTD, wifey and the girls (2 daughters) decorated our house for Halloween!

booooo -yah!

p.s. kids asleep, hot tub time! wink wink.

sara said...

botd pink .. back around


sara

cl said...

UYG options have a huge spread, and If there is a rally vol may drop, making them worthless..currently IV-226/HV-173....buying the shares outright may be the best option but damn this market is flaky right now. I don't have conviction on any moves, although I do believe the Paulson deal will bring some confidence to the sector

cl said...

fuggit, I now have a stop/limit order to buy UYG above 9.60...
we may see a vicious rally, and if we do, I wanna be in on it

jd said...

http://tinyurl.com/3uywob

cl said...

gold buggin'

cl said...
This comment has been removed by the author.
Anonymous said...

WHAT WAS THE POST

cl said...

nothing, I fucked up...hate posting typos...can't edit, ended up deleting it....all I said was check the volume on UYG OCT 10 calls. someone is going big...

now its game time LSU and Florida..later