Thursday, January 10, 2008

DRYS-the gift that keeps on giving if your short

I'm out of the short but pre open it is down about 4pts.. Will be looking to short GNK if it doesn't gap down too much
Other thoughts-COF warns 2007 eps will fall short due to increased delinquencies and FRE rumor that credit rating will be cut. Just another day at the office. Good luck out there-use tight stops and don't fall in love with a symbol.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.