Elevator Down
February 29, 2008 – 10:17 am
Being heavily short, I’d like to celebrate today’s decline by kicking some old dude down and idle manhole. But I won’t.
For the most part, my short positions are at or near cost basis, disabling “The Fly” from participating in egregious unwarranted celebratory actions.
On the day, thus far, I’m up a yatch full of coin, as [[SKF]], [[SMN]] and [[SRS]] print higher. Also, it looks as if Mother Lehman is finally about to die.
Long story short, we are in a tight trading range. with a downward bias. Anticipate, over the next two weeks, many 10-k’s to be filed, with all sorts of market jarring disclosures.
Top pick: SRS
You still like SMN, I am trapped in that bitch at approximately 45.34. Fuck, lots of cash to be made if I would follow the buy many times rule.
February 29th, 2008 at 10:21 amMaxi pad polar snowshoes cannot stay away from $120. No matter how hard people try.
February 29th, 2008 at 10:30 amPPT will be out in force Monday am … just got the bulletin
they have informed me that they will attempt to keep the market above support but they will fail, & to short into any egregious Monday poppage
thankyou, you may return to your regularly scheduled bear market program
February 29th, 2008 at 10:34 amIt’s Friday, I’m short, and relatively happy today (for me), so I’m going to attempt to be Q4 with a bizarre musical offering:
February 29th, 2008 at 10:43 amAlias: BPOE
I love this market! It’s the old WILD WILD WEST. Traders market 101. I heard Jesse Livermore even made a few trades. Shorts of course.
February 29th, 2008 at 10:43 amEcho on the careful by fly. We may not rally hard but will close above 12420. If so longs are still good. If not, then time to reconsider.
February 29th, 2008 at 12:03 pmMy boyfriend spends too much time on websites like this. I hate all those sources! They must be abandoned!
April 6th, 2008 at 1:55 pm