Thursday, August 6, 2009

99 Bottles of BEAR on the Wall ~ SPDR S&P 500 (ETF) (Public, NYSE:SPY)


the PUTS of Protection!
add the 99s!
SWGTU
1.52
+ 0.27 (+21.60%)
BEARish BETS: SPY 99 puts, *short* KGC, long DZZ ... and the devil, SMN.

15 comments:

BUY ON THE DIP said...

twitter has been off today.

here is my post from this AM:

keep it simple. lighten up, sell some longs.

SPY puts of protection.

p.s. TZA and EDZ look very tempting, but i have enough problems with SMN.

August 6, 2009 7:19 AM PST

trader said...

Who needs twitter? its getting old already me thinks!! we need more BOTD posts and pictures!! POT is not a $102 stock!!

BUY ON THE DIP said...

1.70 +0.45 (+36.00%)

BUY ON THE DIP said...

3 downgrades in our Regionals..

FITB
17:54 AM ET Keefe cuts Fifth Third to market perform Marketwatch

11:12 AM ET Fifth Third Bancorp Cut To Mkt Perform From Outperform By KBW

HBAN
11:14 PM ET S&P LOWERS RECOMMENDATION ON HUNTINGTON BANCSHARES TO SELL FROM HOLD

BUY ON THE DIP said...

Petrohawk Energy 25M-Shr Offering Prices At $22.86/Shr

Anonymous said...

http://marketroll.blogspot.com/

jd said...

energy plays are good again through fall or even much longer.

SRS is headed up , i just KNOW it.

and betting the whole market is going to correct some probably isn't a bad bet either.

Time magazine is retarded, the recession is NOT over, more pains ahead!

timing is the bitch as usual! timing timing timing.

jd said...

BOTD, thinking about shorting diamond companies, debeers not listed?? I see it as the ultimate retail short. hehe , diamond sales will be probably all time lows this holiday season.

jd said...

how the hell do i short diamonds? lol

jd said...

I put my money where my mouth is and bought SRS calls. I'm positive the RE market is due for further decline, however timing is the only thing that could burn me, and so many shannanigans by government propping up real estate. SRS should not be this low.

jd said...

my SRS calls +36% ! :-)

I think i still may hold them though. bernanke may give statements on commercial RE being a big issue.

Anonymous said...

jd,

an even better way to destroy funds = DRV.

DIREXION SHS ETF TR DLY R/E BEAR3X DRV : NYSE Arca

jd said...

my calls were near 50% and i had an order in to sell, then it broke down, damn it!

i was going to sell then buy back on the dip. oh well.

jd said...

yup should have sold and re-bought, i am impressed with how well srs is holding up... looks bottom-ish. there ws an above average volume day that closed up too, and in the summer months to, good sign.

Anonymous said...

banks up afterhours.

John Paulson's Paulson & Co. Inc. hedge fund released its 13F for the quarter ended June 30, 2009.

New 5,000,0000 share stake in Fifth Third Bancorp (Nasdaq: FITB)

Highlights:



New 167,990,464 Share Stake In Bank of America (NYSE: BAC)

Maintained 31,500,000 Shares Stake In SPDR Gold Shares (NYSE: GLD)

New 2,000,000 shares stake in Goldman Sachs (NYSE: GS)

Raised Stake in Schering-Plough Corporation (NYSE: SGP) by 46M shares to 55,072,000 shares

Raised Stake in Capital One Financial Corp. (NYSE: COF) by 15M shares to 17,000,000

New 5,000,000 share stake in Humana Inc. (NYSE: HUM)

Lowered stake in Market Vectors Gold Miners ETF (NYSE: GDX) by 11.3M shares to 6,000,000

Raised stake in JPMorgan (NYSE: JPM) by 1.2M shares to 7,000,000

New 13,440,860 share stake in CB Richard Ellis Group, Inc. (NYSE: CBG)

New 35,000,000 share stake in Regions Financial (NYSE: RF)

New 12,000,000 share stake in Marshall & Ilsley Corporation (NYSE: MI)

New 2,000,0000 share stake in Ultrashort Financial (NYSE: SKF)

New 5,000,0000 share stake in Fifth Third Bancorp (Nasdaq: FITB)

New 1,500,000 share stake in SunTrust Banks, Inc. (NYSE: STI)