Monday, October 13, 2008

The ETF basket of PLEASURE! ~ Ultra Basic Materials ProShares (Public, AMEX:UYM)

TAKE SOME PROFITS!

29.17%

>> "insert cheesy cliche" <<

DOW JONES back under 9000!
8,998.85
+547.66 (+6.48%)

11 comments:

BUY ON THE DIP said...

sure we could rally into the close another 500 points.

with HK up 30%+ and the ETF basket producing huge gains.

must lock in profits!!!!!

it's still 2008.

SARA said...

BOUGHT SOME SDS,


GO TEAM ,

jd said...

Don't get carried away. Take profits.

cl said...

Sector Change % down / up

Basic Materials +9.63%


Capital Goods +7.66%


Conglomerates +3.30%


Cons. Cyclical +8.44%


Cons. Non-Cyclical +7.09%


Energy +9.99%


Financial +7.80%


Healthcare +7.23%


Services +6.85%


Technology +7.92%


Transportation +6.49%


Utilities +9.23%


BEAR TRAP!!!!

BULLY! said...

RALLY CAPS!

9,083.83 +632.64 (+7.49%)

cl said...

this is no doubt a rout, but will it continue this week??

BUY ON THE DIP said...

9,119.84 +668.65 (+7.91%)

taking more profits.

UYM up 36.74%

holding some, selling some now!

Anonymous said...

BOTD, What do you think about shorting HK on wednesday before the EIA report comes out. As it stands out, the govt. cannot risk to give a low inventory report [yeah, they are manipulated reports, known fact].

What do ya think?

BUY ON THE DIP said...

UKF is so thinly traded...but damn it's sexy!

UKF up 27.34% for the DIPfolio!

Schlumberger, Phillip Morris, Apple, Microsoft.

so nice.

BUY ON THE DIP said...

we can't SHORT HK.
too much Faith in Floyd!

maybe try puts on GDP or XTO, or something ... if you think thats the right play.

Anonymous said...

HK is more active, up or down - like the ultra energy. GDP is also okayish.

HK 41% up is too unrealistic in one day with no change in fundas. 10% more and that is short tomorrow or on wednesday! I am just waiting for the correct time frame to short.