The "DIP-LESS" Market!?!

"I'll be back."

 A deserved day off with the wife and kids. 

hmmmm. wish me luck. 

~ lil sis says to big sis,

  "wait up! ... i just learned how to walk, geeez."

~ Marley & Cameron 

"be careful out there."

hmmmm.... so, what does my photog wife usually do with the kids from 6:00am - 2:00pm ? ... train tracks. nice.

p.s.  SHORT SOMETHING! 

Name	Price	Change
COST	50.12	-1.33 (-2.59%)
JRCC	16.07	-1.52 (-8.64%)
BG	54.49	-1.24 (-2.23%)
PCLN	75.08	-3.54 (-4.50%)

 

... try pairing with "calls of confidence" on the DIP! 

              

  *need immediate assistance? roll-out!*

SHORTING the MARKET with Obama-nomics! ~ Direxion Large Cap Bear 3X Shares (ETF) (Public, NYSE:BGZ)

MOVE #56  ~ "Why cry two tears in a bucket? ... fuck it!" 

Step 1:  Buy the bucket. **

Step 2:  tight stop.  fuck it.

Step 3:  Repeat.

    "Large or Small, we SHORT 'em all!" 

The 3x Bucket:

TZA "small cap" @ $42.86 -2.15 (-4.78%) *stop $41.44

BGZ "large cap" @ $51.90 -1.44 (-2.70%)  *stop $50.32

**Disclaimer:  works best with 'chunky' buys, otherwise commissions will eat you alive.  We would also be much more confident implementing this strategy with the DOW 9200-9800. 

                "Time to shine in ohhhhh 9"

 p.s.  Mr. Obvious says, "Yes, we missed step #2 with the AMIGOS & FAZ in 2008." 

King of the Internet!! ~ Amazon.com, Inc. (AMZN)

Jan 2009
50.00 call
(ZQNAJ.X)
$7.50
+2.40
(+47.06%)

*take profits*

Original RECO: was $2.50 ... now $7+

... SING it PROUD! ohhhhh 9!

What's COOLER than being COOL? ~ IntercontinentalExchange, Inc. (Public, NYSE:ICE

ICE COLD! 

$62.47

 - 10.53 (-14.42%)

(ICEMO)

*puts*

... target hit, profits taken. 

p.s.  two letters, one man.... FLOYD!  (HKAC) 

What'll ya have?! ~ Petroleo Brasileiro (PBR)

TAKE 1/2 OFF!!

(PBR)
$27.56
6.16%

... ohhh 9, cheers!

BOTD's Top 10 STOCK TRADING TIPS for 2009

 START WITH A PLAN! 

~ position size

~ entry point

~ stop-loss

~ profit point(s)

~ trade stocks you follow

  STRICT STOP LOSSES! 

~ losers are inevitable 

~ keep losses small

~ don't 2nd guess or over think.

~ SELL it and move on. 

ANTICIPATE EVENT OUTCOMES!

~ know what's coming. 

~ Weekly Economic Data

~ FED meetings & earnings reports

~ consider market reactions

~ have a game plan for either 

~ play the earnings game

 STAY TECHNICALLY ALERT! 

~ watch recent highs and lows

~ follow moving averages

~ know specific retracement levels

~ Fibonacci / Diponacci ?

~ end of month, options expiration

~ holidays and market hours

~ Go with the FLOW.

HEDGE DURING UNCERTAINTY!

~ know your enemy(s)

~ have a "pair" in mind before

~ be quick in and out

~ not losing money is a win!

~ don't over hedge, downsize instead.  

WATCH OTHER MARKETS! 

~ major currencies: dollar, yen, etc 

~ commodities: gold,sugar,wheat,etc 

~ bond yields

~ overseas markets

~ Wife at the Super Market. 

 PROTECT PROFITS! 

~  lock in 5% - 10% moves

~ use trailing stops

~ don't be afraid to reduce size

~ NO "playing with the house's money"

~ it's yours! ... keep what you've made.

HAVE FUN! 

~ keep it simple

~ enjoy yourself

~ eat right/drink water

~ slow down 

~ remember to BREATHE! 

STAY FLEXIBLE! 

~ use emotion as "a tell" 

~ change directions frequently

~ pay commissions, not losers. 

~ keep sufficient margin available

~ cut losses, keep gains!

 USE YOUR RESOURCES! 

~ Research, Research, Research

~ make watchlists & back test ideas 

~ join communities: StockTwits.com

~ read trader blogs: MarketRoll.com

 "What you focus on, you find in 09"