Friday, December 5, 2008

On Pace for 3rd Place! ~ Dow Jones Industrial Average ~ 8635.42 +259.18 (3.09%)


... mind the line. 

take the poll in the side-bar >>
The Dow's Worst Years
RankYearClose% Change
1
1931
77.90
-52.67
2
1907
58.75
-37.73
3
1930
164.58
-33.77
4
1920
71.95
-32.90
5
1937
120.85
-32.82
6
1914
54.58
-30.72
7
1974
616.24
-27.57
8
1903
49.11
-23.61
9
1932
59.93
-23.07
10
1917
74.38
-21.71


... jobs are for monkeys and robots. 

MERRY X-MAS!  

13 comments:

Anonymous said...

Hopefuly its the grinch that comes instead of santa :)

Big Mike said...

BOTD

the game plan still on for a 100%+ on FAZ?

BUY ON THE DIP said...

Mike,

what is this 100% stuff? .... We want to add more FAZ as WFC breaks 30, and hopefully more when WFC hits $35. We will never be 100% in one stock.

We are bearish but can't lose money being "too convicted" .... Be flexible and be hedged.

Werd!

BUY ON THE DIP said...

shit, you meant 100%+ profit target, right?

YES to that!

our DEC calls will expire, but FAZ won't.

we will hold until the dow breaks and the cradle falls.

go team!

Arty said...

I am praying...holding a bit of FAZ at 53.5! >.<

BUY ON THE DIP said...

we tried prayer, it didn't work. so we added "christmas" calls on AAPL and GS.

santa vs. god

round 1

Big Mike said...

ah i see, im with you till you say sell on FAZ been holding since you said buy, and will add more when you add more

wish i could do calls and puts, i only got qualified for covered calls and put.

im 70% short

kevin said...

I predict a MAJASSIVE selloff at year end...

Anonymous said...

BOTD

WHAT IS YOUR TAKE ON THE DOW CLOSE ?

Anonymous said...

your poll is missing the 9200-9300 level. which seems to coincide with your line, what's up with that?

Anonymous said...

GOOD NEWS


http://news.yahoo.com/s/politico/20081207/pl_politico/16279

ryandunk12345 said...

Why not look at buying FAZ with JPM at 42 and WFC at 35? Might as well look for USB at 35 as well. These would tend to be the banks I'd look at for when to short via the FAZ. What about the XLF at 16.5?

kevin said...

BOTD!

Opec meeting play?!? (dec.17) ERX! Opec prez hinted at cutting as much as 2M barrels of oil per day

Kev