The SOUL GLO puts! ~ Frontline Ltd. (USA) (Public, NYSE:FRO)

FrontLine (FRO) 

misses by .20 cents! 

29.54 -3.47 (-10.51%) 

right on the idea.  

 * hat tip StockHustler $$ 

> wrong on the trade.

PUTS down 26%, shit! 

typically we buy at-the-money options.  this time we opted for out-of-the-money ... too far out, eh? 

Buy the BUZZER! ~ ProShares UltraShort Financials (ETF) (Public, NYSE:SKF)

Dow Jones 

breaks 8800! 

added SKF. 

next buy DOW 9200. 

The "O" bottom of 2008 HOLDS!! 

BULL 2x half BASKET:  SSO up 2.27%, ROM, DIG. 

The 'AMIGO' short bus:  1/2 FXP, EEV, SDP,  SRS, ... 1/4 SKF. 

          * when DOW breaks 9200 fill up the BUS! 

SPEC plays: 

 HPQ puts, FRO puts, long EBS, long V, long PM.  

WatchList:   

MON = $79.20 , waiting for $80+ (PutsOnThePop.com) 

p.s.  if the DOW breaks 9600 ... BUILD-A-BEAR!! (3x)

                                *FAZ, BGZ, TZA, ERY*  

The Sleepy Turkey Rally ~ ProShares Ultra Technology (ETF)(Public, NYSE:ROM)

the "O" bottom holding strong!

... move stops up.

The 4th AMIGO! ~ ProShares UltraShort Real Estate (ETF)(Public, NYSE:SRS)

SRS 128.98

-14.22

(-9.93%)

.

.

.

.

.

The "amigo" SHORT BUS:

EEV 82.26 +2.36 (+2.96%)
FXP 63.52 +1.53 (+2.47%)

SDP 74.54 -0.63 (-0.84%) *thin & boring*

HPQ puts* 33.60 -2.10 (-5.88%)

$

the Basket of 2x Longs:

SSO 24.37 +0.72 (+3.04%)

DIG 30.50 +1.04 (+3.53%)

ROM 19.452 -0.3981 (-2.01%) *hedged with HPQ puts*

$

.

p.s. who caught the day trade in JRJC ?? 6.35 +1.17 (+22.59%)

The 3 "ULTRA-SHORT" Amigos! ~ GO TEAM!

52-week lows? 

today? 

we RIDE! 

thin & light. 

we FIGHT! 

*hey that rhymes.

$79? ... long way from $58 lows. 

hmmm ... 

we LOVE. 

we WATCH: SKF, SMN.

The world is over, BUY "ultra short" during this rally.  peak of rally, go "really, really, ridiculously short" 3x.    2009 of death.

 

BULLish RALLY LONGS:  BIG in DIG, ROM & SSO! 

 Late Night "team" Meeting: MAGIC CHANT 

The HOME TOWN 1/2 TIME SHOW~Alameda, Ca

  The Oakland Coliseum .... hmmmm.   the good ole days. 

   NEW YEARS EVE 1993-1994
 

CONCERTS:  Nirvana, ChiliPeppers, the Grateful Dead (just the parklot, hehe), Metallica, Guns n' Roses, Beastie Boys, STP, Pearl Jam, TOOL with Primus! ... ohh HIGH SCHOOL in the early 90's. 

NEW YEARS EVE 1995  ... be careful, it was a long night. 

The A's & the Warriors ...no Raiders yet, ...  all 5 mins from home. 

LONG:   Nostalgia. 

p.s.  yes, we live happily with wife and kids in San Diego now ... it's a bit warmer ;-) 

The "O" Bottom!!!??! ~ FINANCIAL BULL 3X(Public, NYSE:FAS)

BuyOnTheDip
Nov. 24 at 3:36 PM

$FAS = SOLD

... HUGE WINNER!
23.4399 +7.4399 (+46.50%)

PROFIT TAKING: sold out FAS, sold out BGU, ICE day trade *hat tip RC*
.... holding DIG, SSO, ROM.
*sold the 3x BULLs, held the 2x BULLs*

The "tell from GOD" ... WFC under $25 , a miracle happened.

The SHORT BUS: FXP, EEV, SDP, HPQ puts

The Triple Basket of PROFITS! ~ Ultra S&P500 ProShares (SSO)

The 3x Basket

FAS 18.61+2.61 (+16.31%)

BGU29.1901+2.5201 (+9.45%)

The 2x Basket

ROM 19.12 +1.28 (+7.17%)

DIG 27.98 +1.68 (+6.39%)

SSO 22.62 +1.41 (+6.65%)

... move stops up! BOTD wins.

The 7449.38 Bottom of 2008 ~ Dow Jones Industrial Average (Dow Jones Indices)

dunt, da, duh, dah, da!

  for the 1st time in BOTD history ... we are calling a BOTTOM!  

 Albeit a temporary one, haha.  

write it down, take a picture, IDGAF.  $7449.38.

This market "needs" your money.   

IT'S OVER, ... the BEARS WON! 

thesis = Crocs 

We got CORX'd on that fateful October day.  It was supposed to be "the International Quarter of love" ..... CORX at $75 dollars plus per share, NOV 80 calls, ... the DOW JONES hitting all-time highs!!!! ..... We renamed Crocs, CORX, because we got screwed.  not to explain the joke or anything, ... you all know how it ended.  Seventy-Five DOLLARS to seventy-nine CENTS.  Who needs a plastic shoe making company (the 2nd world has the market cornered) ... Crocs was a great idea, an innovative concept.  Crocs is NOT a Great American Company.    We've all heard "plastic shoes!", "plastic shoes!" for 14 months.  And that's the point, it's OVER!   The SHORTS won, blah, blah, ... we're done going down, ... for now.    I'll say it again, "the BEARS won."   it's over. 

CITI    from $55 to $3.05 

GM     from  $40 to $1.70 

FORD   $15 to $1.01 

GOLDMAN SACHS   $235 to $47.14 

APPLE   $200 to $79.14 

GOOGLE    $725 to $247.30

MICROSOFT    $35 to $17.50 

 

... don't buy CORX, but GOD damn it!   

Be American.  ... BUY SOMETHING!!!    

p.s.  maybe when CORX goes bankrupt it'll actually be "the bottom".

The 3x Basket of Rally ~ Direxion Large Cap Bull 3X Shares (ETF)(Public, NYSE:BGU)

A-tisket a-tasket ... a green and bullish basket!!

*BGU chart*

.

Self-Proclaimed:

StockTwit Of the Day BuyOnTheDip Nov. 21 at 2:49pm (EST)

"

"BUYING EVERYTHING as if this is the bottom, opportunity of a lifetime! $ROM, $SSO, $BGU, etc.... "

"

The Basket of 3x BOTD:

BGU 26.67 +2.71 (+11.31%)

FAS 16.00 +1.35 (+9.22%)

The Basket of 2x BOTD:

ROM 17.84 +1.534 (+9.41%)

SSO 21.21 +2.20 (+11.57%)

DIG 26.30 +4.88 (+22.78%)

.

p.s. can this rally hold ? ... we'll find out MONDAY ;-)

The Gourmet Basket of ??? ~ ProShares Ultra S&P500 (ETF)(Public, NYSE:SSO)

the mini-bull-basket $FAS, $BGU, $ROM, $DIG, & $SSO

(stop losses in place)

... we know nothing.

Symptom of the Universe? ~ HANG SENG (HSI.IDX: INTL)

the DOW(n)

"big green buzzer bar?"

HANGin' Late Night? 

12,851. 78

+553.22 (+4.50%)

HONG KONG

hmmmm ... 

 ... can anything hold? 

Nikkei' 

7903.55

+200.51 

(+2.60%)

Late Night

 Japan?

Market Funeral ~ FINANCIAL BULL 3X (Public, NYSE:FAS)

       
    From FAZ to FAS!

"bought the buzzer"

.... $FAS 14.00 -6.97 (-33.24%) 

today's range: 13.81 - 20.97

10 day range:

13.81 - 58.71

11/20/08 - 11/10/08

 p.s.  all BLACK SABBATH until the bounce. 

The ETF Basket is BACK! ~ ProShares Ultra Technology (ETF)(Public, NYSE:ROM)

bought mini-ETF basket of goodness, $DIG, $ROM, $UYG, $KOL, $EEM

DOW LOW: 7,774.58

Word Around the Campfire? ~ Wells Fargo & Company (Public, NYSE:WFC)

          

              3 QUESTIONS from TODAY

1)  "How do I short the DOW?"

2)  "Should I cash out my 401K ?" 

3)  "Can you help me with my IRA?" 

when good friends and random acquaintances start asking me these questions, ... it usually means BUY!  

   

WFC, GOD and $25. 

the word on StockTwits is NO!  

CLARITY UPDATE: DON'T BUY. WATCH. WAIT for GOD to BLESS $WFC ... "guzunheit"

CLARITY UPDATE II:   always tip ...  circulate money & be kind  =^)

Have you seen my ASS? ~ Potash Corp. / Saskatchewan (USA)(Public, NYSE:POT)

BOTD = LOSER!
NOV 22, 2008
$ 70.000 CALL
(PVZKN)
0.81
-2.19 (-73.00%)
the savior: MON puts (DEC 80s)
13.56
+3.06 (+29.14%)

p.s. we BOUGHT the BUZZER in PBR ... not sure why.

p.p.s. as promised, $MS hit single digits! SOLD leftover MS puts.

The Farmer is DEAD! ~ Potash Corp./Saskatchewan (USA) (Public, NYSE:POT)

          Who are you to wave your finger? 

                  .... Ya' must have been out your head 

                       MON vs. POT  ... Round 2 

The NOV 70s

just a short term Bull Rally Hedge against our MON puts of "extra" power!*

*sold 1/2 our MON puts today ... holding leftover DEC 80s

p.s.   SOLD EEV today above $100 

  (our last buy was at 85.35) 

LONG:  HK, PM, POT calls 

SHORT:  FULL FXP, 1/2 MON puts, 1/4 MS puts 

CASH position = ALL TIME HIGH! 

Basically Bullish Bounce ~ ProShares Ultra Basic Materials (ETF)(Public, NYSE:UYM)

$UYM 13.10

-1.049 (-7.41%)

... just bought (UYM)YUMMY!

why?!!!

(stop 12.99)

BULL profits! ~ International Business Machines Corp.(Public, NYSE:IBM)

NOV 22, 2008

$ 80.000 CALL

(IBMKP)

2.70
+1.00 (+58.82%)

*TAKE SOME PROFITS!*

p.s. we took 1/2 off MON puts , from $82ish to $72ish, winner!

ANOTHER ROUND for CLIFFY! ~ Cliffs Natural Resources Inc (Public, NYSE:CLF)

     

       Breakout PICK of the DAY ~  $CLF! 

     

UPDATE:  the CLF / ANR deal is off.  go figure. 

CLF    After Hours: 20.80 +1.15 (5.85%) 

ANR   After Hours: 23.00 -1.90 (-7.63%) 

Inside Bottom Move! ~ International Business Machines Corp. (Public, NYSE:IBM)

as promised, 

bought $IBM on the DIP!!! 

78.01 -2.32 (-2.89%) 

w/ CALL OPTIONS:  The NOV 80s  = $2.10 

The WORLD isn't OVER!??! ~ International Business Machines Corp. (Public, NYSE:IBM)

The "double bottom" at $80ish? 

80.33

 -3.88

 (-4.61%) 

yes, we are actually "very bearish" on IBM.  Remember the $120 to $80 rule?  You know our acronym, International Bear Market, ... but this is a 4-day-max trade. expiration! 

GAME PLAN: 

Step 1 = BUY (IBM) common stock on the AM "dip", loose stop $76.40 

Step 2 = Leverage with the power of OPTIONS!  

OPTION LOVERS:

 ... try the NOV 80 calls!

IBMKP

3.39 -2.61 (-43.50%)

BID: $3.30

ASK: $3.50

Step 2 = Bid $3.00 

  CASH is KING! 

The SHORT BUS:  EEV, FXP, MON puts, MS puts

p.s.  as always, stubbornly LONG (HK) .... faith in Floyd!   $14 or $24 ?

Tape Talk Episode 2 ~ with BuyOnTheDip.com!

The StockTwits.com Trade of the Week!

  check back sunday night for BOTD on TapeTalk.tv  

  *watch Episode 1 starring UpsideTrader* (click here) 

GOT SOLD! ~ Goldman Sachs Group, Inc. (NYSE)

SOLD $GS 69.13

... taking $3 bucks home for the weekend. cheers!

.

> *TRADE of the DAY*

p.s. TOP over the weekend HOLD:

puts MON 77.14

-4.95 (-6.03%)

Get Some! ~ Goldman Sachs Group, Inc. (Public, NYSE:GS)

BOUGHT GS back at $66

bull rally time?

.... tight stop @ $66. (again)

GO TEAM

>

p.s. Don't give up the fight! *MON puts*

77.23-4.86 (-5.92%)

Don't give up the FIGHT ~ Mob Barley!

      Trade the market in front of you,   MON! 

TOP PICK =  *SHORT* MON  .... the $80 stock that shouldn't be. 

What is RULE # 5? ~ Ultra Financials ProShares (Public, AMEX:UYG)

when you are 60%+ in CASH, rule #5 doesn't really apply.

CASH is KING!

20% LONGS:
HK 16.83+2.28(+15.67%)
UYG7.23+0.71(+11.04%)
PM 39.64+0.54(+1.38%)

20% SHORTS:
EEV * sold half
FXP * sold half
MON puts
MS puts *just some leftovers
POT puts *sold out, we just want MON*

RECENT BIG WINS:

1) SKF sold out yesterday for 46%+ profit
2) REW sold today north of $135 (bought at $95) *
*immaculate timing!
3) MS puts (100%+ profits, holding 1/4 position of leftovers)

p.s. Looks like we missed the boat? DRYS 10.92+1.70 (+18.44%) doh!

WINNER: Puts of POWER! ~ Morgan Stanley (Public, NYSE:MS)

MS added to the "single digit" club!

10.83
-1.11 (-9.30%)

lock down profits, take 1/2 off. 

$MS on StockTwits! 

LATE NIGHT ZEP ~ Red Market!

    ... has the late night Zeppelin been the lucky charm? 

The SHORT blimp:  REW, FXP, EEV, MS puts, MON puts, POT puts. 

                 *click the tickers for recent/original RECOs* 

p.s.  keep your profits lockdown. *click*

Late night HANG SENG!!!  

13,000  ... hmmmm? 

need a 3 month? 

52 week low =

10,676.29

go team! 

REW the DAY! (again) ~ UltraShort Technology ProShares (Public, AMEX:REW)

MSFT & GOOG breaking down!

REW!!!
126.36
+8.605 (+7.31%)

.... move stops up, go team.

ULTRA PROFITS! ~ ProShares UltraShort Financials (ETF) (Public, AMEX:SKF)

TAKE PROFITS!

46%+ in 6 days.

go team.

AHOD: ALL HANDS ON DECK ~ DryShips Inc. (Public, NASDAQ:DRYS)

Man overboard!

SELL, SELL, SELL!

.... stop losses hit.

.never again.

SBUX, ATVI, DRYS = SOLD

The $80 to $60 RULE! ~ *SHORT* Monsanto Company (Public, NYSE:MON)

The FARMER is DEAD.

*SHORT*
MON
81.20
-2.70 (-3.22%)

... or POT , take your pick.

p.s. Our 2nd BUY on DRYS didn't feel good, 9.25 -1.09 (-10.54%) ... STOP @ $9 even.

Why are we long?
V, ATVI, PM, SBUX, DRYS, ... and HK

The SHORT BUS:

FXP 76.01-0.65 (-0.85%)
EEV 98.9001 +6.6001 (+7.15%)
REW 122.47+4.715 (+4.00%)
SKF163.57+7.57 (+4.85%)
MON puts
MS puts

The Stock Market: What Is and What Should Never Be

StockTwits & Sell The Buzzer ~ Intrepid Potash, Inc. (Public, NYSE:IPI)

The BOTD "sell the buzzer" pick of the day!

*SHORT* Intrepid Potash (IPI)

EXTENDED HOURS:
Last: 16.99
Change: -2.47 (-12.69%)

Follow BOTD on StockTwits! (click here)

This is NOT a GAME! ~ Activision Blizzard, Inc. (Public, NASDAQ:ATVI)

this is a game.
BUY ATVI!!
12.315
+0.065 (+0.53%)
... another lame bullish hedge?

The SHORT BUS:

SKF 158.50 +10.08 (+6.79%) * SELL 1/2, TAKE PROFITS*
REW 119.039 +6.498 (+5.77%) *SELL 1/2, TAKE PROFITS*
EEV 92.99+10.34 (+12.51%)
FXP77.19+7.69 (+11.06%)
MS puts * 13.00-1.58 (-10.84%) *SELL 1/2, TAKE PROFITS*

LATE NIGHT JAM SESSIONS: Led Zep & Nirvana

                   STOCK MARKET BLOGS

HALF TIME UPDATE: Fantasy Football

Coffee = Anxious! ~ STARBUCKS CORP (SBUX: NASDAQ)

NOV 22, 2008

$ 10.000 CALL

(SQXKB)

0.70
-0.29 (-29.29%)

.... too much coffee, can't wait!

p.s. ENER = SOLD.

The Monday EARNINGS PLAY: Go Howard! ~ Starbucks Corporation (NASDAQ:SBUX)

SBUX
10.22
-0.33 (-3.13%)

.... Howard!?!!

The consensus of the 15 analysts covering SBUX for 4th quarter 2008 is a per share value of USD .13.

Earnings Play:
1)Buy the stock now .... $10.22
2) If SBUX falls throughout the day, buy NOV 10 calls at the buzzer!

.... go Team, go Howard!

Picking up Passengers! ~ ProShares UltraShort Financials (ETF) (Public, AMEX:SKF)

The SHORT BUS:

FXP

SKF

REW

EEV

MS puts

LONGs: ENER, GM?, and HK .... hmmm...

FUCK CHINA! ~ UltraShort FTSE/Xinhua China 25 ProShares (Public, AMEX:FXP)

.
FXP 67.24 -9.08 (-11.90%)


* BUY more ON THE DIP *


p.s. FUCK $3 cars.

CHINA is as CHINA does. ~ iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI)

Fantasy Football UPDATE:  

TEAM BOTD:

QB = McNabb 

RB = Westboork 

WR = Boldin

WR = Royal (28pts) 

WR = Breaston

FLX = Jones-Drew (29pts)

TE = Scaife (23pts)

K = Keading

DEF = Green Bay (20pts) 

Weekend Movie: How to Lose Money and Alienate Readers...

Trade Update: The $4.50 Car ~ General Motors Corporation (Public, NYSE:GM)

GM
4.50
-0.30 (-6.25%)

... Save Detroit, Save America?

The $4 Car ~ General Motors Corporation (Public, NYSE:GM)

Buy America!

GM
4.06
-0.74 (-15.42%)

.

.... spec play of the DAY

.

.

.

UPDATE: ENER 38.58 +3.98 (+11.50%)

BTFO pick of the day! ~ ENERGY CONVERSION DEVICES (ENER) NASDAQ

Bullish Rally Hedge!

ENER
37.68
+3.08 (+8.90%)

tight stop = $37

go team.

Don't be SHY!!!! ~ UltraShort MSCI Emerging Markets ProShares (Public, AMEX:EEV)

EEV
85.35
-16.90 (-16.53%)

... on the dip!