Bought SSO, QLD (15:04 ET)
October 8, 2008 – 3:09 pm
Short term trades.
[[SSO]] , @ $36.66
[[QLD]] , @ $37.88
….ssshhh. Hank is speaking….
13 Responses to “Bought SSO, QLD (15:04 ET)”
Leave a Reply
Recent Comments on iBC
-StarscreamPowerPlay @ 
-starScreamPowerPlay @ 
-The Chart Addict @ 
-The Fly @ 
Categories
Blogroll
he obviously didn’t learn from Hoover “everything is fine, I need you to not fire anyone, employees I need you to keep working, consumers I need you to spend”
People take the perspective of “if he went out of his way to schedule an announcement, everything must not be fine”
Really, anything he says is not good.
October 8th, 2008 at 3:15 pmhe, Bush, and Bernake need to shut up.
October 8th, 2008 at 3:15 pmMy thanks to Cramer for calling a bottom.
October 8th, 2008 at 3:21 pmOK. That sucked major donkey balls.
Keep Hank away from the cameras, please.
Stop on SSO is $33; QLD is $34.
October 8th, 2008 at 4:04 pmspank 20 SPX point inside a few minutes… this is how bottoms are made … I got to tell you all my quote feeds couldn’t keep up with the order flow…thomson and reuters…incredible I was getting filled above and below prices in the last hour…wowza it all washed out in the end but yikes I like more certainty when I hitting the keys
October 8th, 2008 at 4:17 pmBoca how is MON treating you…smile..amazing volatlity hope you were on the right side of the tape.
October 8th, 2008 at 4:19 pmthanks Anjing, I actually finished very slightly in the green today, thanks to my MON and SLV. MON was one of my better purchases, wish I had more of those. It had some big swings but that’s ok.
October 8th, 2008 at 4:23 pmthe gold stocks and materials in general led all day and held in at the EOD…. I liked that.
GG and ABX quite amazing… what message were they sending? Inflation?
you really got dig into the tape and see what is and isn’t working.
__________________________________________________________
October 8th, 2008 at 7:38 pmAB –
They were sending the message:
“GLORC bless you, Jake.”
Especially GG.
________
October 8th, 2008 at 7:46 pmAGGIES… say no more time to add the second tranche here right now…..third tranche will be in a little while….
October 8th, 2008 at 7:46 pma happy shareholder in GG …. poor bastards owning gold stocks its got to be the most frustrating sector to trade…. I gave them up for lent…. give me the DGP and the HBU-t…. I have worked on Bay street for 10 years now and the stuff I see behind the curtain disgusting…. and still to this day everybody asks me what do you think about Gold stocks AB….. they are a mean mistress.
October 8th, 2008 at 7:51 pmYeah, they are a bunch of shitbags, but I have owned GG since back in the days of Wheaton River, on and off.
I loaded up on the options about two weeks back (Januaries) so it’s been a gut wrenching ride, ovah heah.
I also own a bunch of RGLD, GLD and the old GLD — CEF.
And of course the other two shitbags, SLV and SLW.
____
October 8th, 2008 at 7:57 pmJake,
I’ve got your AEM, if you want it, ovah heah.
I’m beginning to believe that gold mining is for asshats.
October 9th, 2008 at 10:41 am