Official Let's Make Some Money Off Stocks Thread
#1513
whew*, I needed this rally to get some downside protection. Sold all my hedges except a little DUG going into today. Loaded up on DUG at the close and almost pulled the trigger on EEV but it needs to go a little lower in order to fit under my risk/reward strategy. I took a little off the table on all those dividend stocks I am up 10-15% on since I purchased them a few days ago. Specifically most of my MSFT with a sell limit at 23.
If you guys don't pick up some EEV/SKF/DUG whatever works best with your personal portfolio if the market continues to rally, no one to blame but yourself this time around.
If you guys don't pick up some EEV/SKF/DUG whatever works best with your personal portfolio if the market continues to rally, no one to blame but yourself this time around.
#1515
Administrator
Thread Starter
Originally Posted by AZDavid,Oct 28 2008, 04:31 PM
What an amazing bear market rally. If we shoot up another 500+ points tomorrow there will be a great shorting opportunity going into Thursday.
cthree, there are no available shares to short Volkswagen but I like the strategy of buying VIX puts
cthree, there are no available shares to short Volkswagen but I like the strategy of buying VIX puts