SHORTS ON HIGH VOLUME

[Alechko]

Good day - I picked up 5.5% on BAC and 60% on my AT&T OCT 32.50 calls
ABK is amazing 42% gain on the day... (too bad I sold it yesterday) :mad:

ABK will be low again around 4.5-5, just wait
the gap @$5.5 must be filled

[цепной_кот]

ты опен на зеке?

/вздрогнул/

[Alechko]

LEH
Lehman looking at cutting some 1,200 jobs: source......
Over the next 10 days, Lehman may announce a series of steps to boost capital, cut costs and reduce bad assets, wrote Richard Bove, an analyst at Ladenburg Thalmann, in a note to clients. If Lehman does not take these steps, an outsider could buy and restructure the bank in a hostile takeover, he added.
http://www.reuters.com/article/topNe...edName=topNews

[Dima1234]

ABK will be low again around 4.5-5, just wait
the gap @$5.5 must be filled

had it from 3.94 to 4.67 last week
I tried to buy ABK 5 JAN puts before close.
LETRX? JRCC?

[Alechko]

had it from 3.94 to 4.67 last week
I tried to buy ABK 5 JAN puts before close.
LETRX? JRCC?

never played LETRX or JRCC, seems too risky for me
JRCC may be.. haven't done research on it

[Alechko]

Symbol Name Last $ %
FNM Fannie Mae Common Stock 6.79 -1.16 -14.59
FRE Freddie Mac Voting Common Stock 4.58 -0.70 -13.26

покрылся за 5 минут до закрытия...
3.5%
почти что рулетка...

[Alechko]

More Bubble Trouble Ahead?
http://www.forbes.com/video/?video=f...ner=contextual

[Alechko]

Why, then, are share prices collapsing and the dollar hitting new lows? There are three possible explanations.
First, financial markets may ”know something” dreadful about America's economic prospects that is not yet apparent in any statistics.
Secondly, investors may be reacting to specifically financial problems that have relatively little impact on the non-financial economy outside Wall Street.
Thirdly, the markets may simply be wrong about the economic outlook and about the value of financial assets, as they have been many times in the past. Hence the adage that ”Wall Street is a great economic forecaster - it has predicted six of the last three recessions”. /should be 3 of 6/

http://business.timesonline.co.uk/to...=1220201116041

[Dima1234]

Actually, dollar has been on the rise lately...
Markets get it wrong all the time. Even government gets it wrong: 2Q GDP has been revised last week from 1.9 to 3.3%. Quite a difference!

P.S. August was tough month to trade. Is September's name "short"?

[Alechko]

September, October - short, I prefere to hold /wait
$ i'm long, Euro - BIG short
check MA I've bought a lots of MA last week