Thursday, January 15, 2009

BANK ON A BOUNCE! ~ FINANCIAL BULL 3X (Public, NYSE:FAS)

 Today was near PERFECT. 

FAZ finally broke $55!!!! (hit $64.99, was up 20%+) ... closed $59.  Did we sell? 
 nope.   Instead, BOTD added FAS on the DIP!  ($12.61) 

"Get Short, Stay Short" ... and trade the dips! 


The RIMM Feb 50s.

 *RFYBJ*

$3.90 +1.90 (+95.00%)

TARGET = RIMM $52+
... use common share targets to find "sell" points. 

  Example:  BAC broke $8 today, our near target, ... when it did, we sold our FEB 12.50s for BIG PROFITS! 


14 comments:

Anonymous said...

open an office in SD and hire me.

BUY ON THE DIP said...

already in the works.

BUY ON THE DIP said...

p.s. SRS is the devil.

BUY ON THE DIP said...

The morning plan .... buy more FAS!!!

watchlist:

LONGS:
SOL, SPWRA, GLW, TNA, CLF, FCX, UYM, AMZN
super ricky bounce * JAN calls.
casual long play * FEB calls.

SHORTS: PFG, RRGB, .... we own enough already.

good luck team!

BUY ON THE DIP said...

hmmmmm, the bunny looks like a short. ENR.

..... i like the way CSIQ closed strong, might buy on the AM pullback.

cheers, g'nite.

JeffreyLin said...

SPWRA high rolla today! stayed green 95% of the day!

you're FAS-bew-less

I need a "teamwork" poster...I have dreams. but they will not work.

BUY ON THE DIP said...

Mr Lin,

Dynooomite!!!

"Get Short, Stay Short"

get out yo' guns.

Anonymous said...

The banks can take your hard-earned tax dollars, BOTD, but they can never take your FREEDOM!!! Take back what is yours!

Long live FAS!

BUY ON THE DIP said...

sold some FAZ.

bought BIG at $55ish ,
sold at $65ish

hmmmmm.

bought more FAS.

Anonymous said...

BOTD,

SRS is a fucking hor. looking forward to you opening the shop up...i live in SD as well...would love to talk to ya..

Anonymous said...

Ok filled the gap, wheres that bounce?

seizure said...

i'm about to sell my few little shares of FAZ soon. I already moved up my stop losses up tight. $66.99

Then going to wait for a good time to get into FAS. Maybe near the buzzer since BOTD seems to be loading up on it.

seizure said...

and my stop loss hit...

All right. let's see if I can buy into FAS in the $11 range today


also...go PALM! the new device looks sweet and the shares are up over 100% in the last 2 weeks

al said...

hey what up botd when are you hireing