Monday, July 28, 2008

Mixed Open

I was long QID and short UYG into the weekend, so far it looks slightly lower on the financials and flattish on the NAZZ. It's getting interesting with the CLF/ANR merger. Shareholders fighting the potential buyout of ANR by CLF. I agree, I think CLF is top ticking the space. A potential PAIRS TRADE? Long CLF and short ANR....stay tuned


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.