Monday, August 4, 2008

Monday Morning

My favorite enabler, Meredith Whitney was looking for more pain with the financials on CNBC this morning. I so agree. Who else will tell you the real deal if not her? ICE reported-not too impressive at all and I will be looking out for weakness on that name today. I'm content doing next to nothing this week until I can find sectors that want to lead or possibly break down hard

On my radar for possible weakness-ags, coal, steel, financials


Stewie said...

i was just going to ask you. to short or not to short ICE on this pop?

upsidetrader said...

stew--im gonna let it breath for half hour/hour--im inclined to short but i want to see action first

Stewie said...

fuck waiting. i'm in.

Stewie said...

up: thanks for the heads up on ICE. took 4K on that puppy. hope you caught some.

upsidetrader said...


upsidetrader said...


lol i didnt wait long either--she had those bedroom eyes lol

re: ice

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.