Thursday, July 10, 2008

Finacials- Buy Em Or Short Em?

The plunge protection team is are out with their blah, blah, blah today. FNM and FRE as well as some others reversed higher. I'm trying to figure out if they are giving me the gift of the trading day to short into strength or not. My get says they are shorting opportunities

4 comments:

Stewie said...

ice: short of the year!!!!!!! congrats!

kalamaricap said...

looking for at least one more news event to poop on the mkt

Adam said...

Never Bet Against the Beard!

upsidetrader said...

ADAM

JUST DON'T KNOW ANYMORE

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.