Thursday, October 16, 2008

LOWS HOLD, BULL RALLY! ~ Ultra Basic Materials ProShares (Public, AMEX:UYM)

We wrote a book about it!

UYM

22.00+2.30 (11.70%)

* started position at $18.46 , sold 1/2 position at $21.83 for a day trade*

"How Materials Innovation is Changing The World"

p.s. We're kind of just "treading water" with the DIPfolio .... (DGP) down 10%+, (UDN) is probably the most boring thing we've ever bought, (UYG) is America! ... REW made us money, then fell off ... our puts are powerless against this rally, and HK is HK , up 22%+ !!!!

4 comments:

Ragin' Cajun said...

I love seeing the bull back on your page, but your missing the black backround.

BUY ON THE DIP said...

we had it back in black for a few days, but....

one of our readers said BLACK was depressing in these troubling times and asked for the white.

Anonymous said...

well i wish you would do pink

BUY ON THE DIP said...

we tried PINK for a minute, but

... it just hurts your eyes.