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oldmantrader-egregious-pain-coming

Oldmantrader- “egregious Pain Coming?”

by oldmantrader on May 14th, 2008 at 12:26 pm
1 Star2 Stars3 Stars4 Stars5 Stars (13 votes, average: 3.38 out of 5)
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Shorting the financials. COF LEH MER. We have had a decent rally on mediocre volume, Sentiment too bullish( Investors Int bulls at46%), CBOE Put/Call ratio down to .80 . Volume has been crappy. BS CPI numbers. Bond yields trending up. Dennis Kneal is positively giddy. God ( the market makers) will not allow the May calls to close in the money. The financials have the scent of death. It is enough to make an old man wet his depends

8 Responses to “Oldmantrader- “egregious Pain Coming?””

  1. oldmantrader Says:

    Who is giving me a one star? - it is outrageous I tell you outrageous.

  2. Juice Says:

    5 stars cause you’re old & bearish .. a double win

  3. JakeGint Says:

    I never noticed how much you looked like Junior Soprano, five stars.

  4. oldmantrader Says:

    Thank you Juice you make an oldman happy. I do have a few longs to offset the short V and NGS and a few others this mkt does look like it wants to go higher

  5. lol Says:

    me. Nice call on DRYS

  6. boca Says:

    Heyyyy Jake… *my* avatar is Junior Soprano!

  7. JakeGint Says:

    I know, that’s how I made the quick comparison.

  8. oldmantrader Says:

    Hey LOL - DRYS was good for 3.50 pts.

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