Monday, September 8, 2008

Burnt

Sorry, but no charts as promised. I had some things I had to handle but I will post up early tomorrow. Oh, by the way, Lehman went to an equal weight on Fannie and Freddie today. The irresponsible lunacy of it all.

4 comments:

BUY ON THE DIP said...

hahaa... LEH is the joke of 2008.

what's next upside?

upsidetrader said...

gonna let the bulls have some fun for a day or two and then im sharpening the bowie knife for some shorts

Adam said...

I downgraded FNM as of yesterday's close, can't believe they beat me to it.

upsidetrader said...

absurd, isn't it?

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.