Friday, April 11, 2008

BLK

Blackrock, which I shorted a couple of days ago at $222.50 got downgraded by Goldman Sachs and Wachovia this morning. The stock is showing down $7 points in pre market although that may not hold. If I can grab 10 points in this one I will take it. Not bad.

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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.