Not getting why the financials are not lower given the poor action in GS and FNM and not getting why oil stocks are not lower given a very bearish inventory number. The markety never makes it easy.
I am back in LEH short and have been long ENER since the early morning. I don't see how the financialas hang on but we'll see.
Wednesday, August 20, 2008
Lunch
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About Me
- upsidetrader
- 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.
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