Thursday, November 20, 2008

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

33 comments:

Rookie Lurker said...

If you could buy just one...which would it be?

BUY ON THE DIP said...

added TECH puts to hedge $ROM long .... puts on $CRM, $HPQ.

BUY ON THE DIP said...

rook,

ROM.

Anonymous said...

HK getting murdered!! buy on the dip?

Rookie Lurker said...

Thanks. In ROM @ 18.60. Already down. Story of my life!

Anonymous said...

BOTD... Where are you putting your stops and what are you thinking in terms of target?

BUY ON THE DIP said...

stops are at our purchase prices.

and target 10%+ on each.

bougth FAZ at
137.71 +8.41 (+6.50%)
(BEAR rally hedge)

Ben said...

I guess the "capitulation" rally failed... again.

sara said...

fuck.

Anonymous said...

whats up with HK? still in? it is breaching your 14 mark...

R.

Mondo said...

I just heard this retarded woman down the hall telling someone about how a black friday is coming. She doesn't know shit about dick, so I take this to mean Joe Plumber and his wife think the market is going to crash. I'm calling capitulation and buying big and going long on the ETF basket of WIN.

Rookie Lurker said...

Stopped out of ROM. #^@&*!

BUY ON THE DIP said...

SOLD $FAZ , up 15 points.

152.00 +22.70 (+17.56%)

sara said...

got some skf..

seizure said...

sorry Sara. I'm looking to get into UYG at the buzzer again with a tight stop loss hedging for a rally tomorrow. I will only buy UYG under $5 near the end.

Big Mike said...

you got the bull back, what you getting bullish on?

sara said...

fuck i'm out skf

seizure said...

Sara if you bought SKF, hold till a minute or so before end of bell, the market is going to dip you should be able to profit. SKF is flying right now

sara said...

made my money that i lost in my last 2 trade.. i love you skf

sold i'm out

Ben said...

DJI new low 7506.97

Next stop 6500?

Anonymous said...

OK. Bought UYG at the bell. Go Team!

seizure said...

i'm in UYG also finally. come on False Bull rally tomorrow so I can sell out of some of my longs and then go short through the holidays!

BUY ON THE DIP said...

fuck me. brutal day. sorry team.


bought the buzzer.....
DIREXION ETF FINL BULL 3X

FAS : NYSE Arca

Mattyrye said...

i sold the rest of my eev and bought bgu at the buzzer..also..and don't be sorry, you guys do a great job..

Ben said...

BOTD There's nothing you or anyone could do. It's moving way too fast. Stop loss is my best friend.

BUY ON THE DIP said...

pssst...

GME
17.50
-3.06 (-14.88%)

LOL. he's on fire!

p.s. thanks guys.
better luck manana.

Jpatel6 said...

lets do this bgu!! in at 23.25...

stockhustler said...

I was just cornered on a train by a man wearing a black trench coat and hat. He handed me a piece of paper and said "whatever you do, make this trade asap". He then got off the train and melted into a sea of people.

I have not opened the piece of paper, as of yet. I will do so shortly and pass along the information. I hope you take advantage....

Anonymous said...

WITH THAT BEING SAID ?

Anonymous said...

I see Bullish divergence on UYG.

Will buy in the morning on dip and load options.Short term.Good luck.

Mattyrye said...

If I hear the word "capitulation" on CNBC, I'm going to capitulate my tv..

Mattyrye said...

Blue Horshoe says Citi gone by monday, goldman takes deposits, jpm takes brokerage..

jbreedlove said...

What will your stop be on FSA?