Friday, March 14, 2008

It Will Be Interesting To See How They Close Em

It's seatbelt time. If the bulls are capable of a strong rally through all this I can't tell you how bullish that would be. The other side is that they just rollover, prompted by more fear that another shoe will drop over the weekend. Stay tuned. I took a great trade on SKF and will look to re-enter quickly if they look like they want to crack again. Bear Stearns has a conference call at 12:30.

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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.