Wednesday, September 10, 2008

Lehman Speaks

Their stock has been all over the place this morning and is now moving a bit higher from the lows, and at least for now, the financials have rallied off their pre market lows.

I am looking for some bounces in the commodity sector but have a very tight string on everything here.

I like APA as a short under about 100.45. Not at the open, and I want volume and some help from the group.

I don't trust much here


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.