I have a very long list of regional banks worth shorting. However, knowing how fucktarded Wall Street is, I am refraining from selling them short, here.
As you know, next week, we will see numbers out of [[LEH]] and others. Call me crazy, it wouldn’t be the first time, I am waiting for a bounce—before selling short. It is possible we can get a sharp, quick, rally on the old “it’s already priced in” jargon. In short, if you have big gains in select bank shorts, be happy and prepare to sell more, at higher prices.
I don’t feel comfortable shorting, after such a big downturn.
However, I am very tempted. Believe me, I have already borrowed large quantities of [[PACW]] (another fucked bank).
If you have to put money to work, why not buy [[RIG]]? It’s been basing out around this range, for awhile, and is poised to bust loose soon.
Or, why not buy a little [[FTK]]? That fucker has displayed “God-like” trading patterns, ever since they warned a few weeks ago. With such a large short position (4 million shares), it’s worth the risk, with a tight stop at $17.
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RIG is going nowhere, be patient and buy at $140 just like you said last week. Your always right, why did you go against yourself.
Resist the Urge…
No.
I’M OUTTA HERE !!!
cracks me up ; oil drops to $134, so lets run retail stocks
add yet another reason to rally – Tim Russert just dropped dead; what better way to honor him than to close Friday the 13th on the high tick.
dang. tim russert died. i liked him.
Bush did it.
Tim Russets death was an inside job.
COT report just came out and the comm’s went pretty heavily long on the s&p
What do you think of shorting KRE ?
It pays quite a large dividend at 13% .. but if you can avoid the ex-dividend date ?
Russet potatoes to be renamed in Russert’s honor.
Henceforth, they shall be known as Tim potatoes.
I’m gonna pee on you. Peeeeeee on you!
I love this song:
For the entirety of next week, black is white, up is down, and banks are epic buys. So it is willed, by the Gods of Option Expiration Magicks.
Now that Tim Russert has died the only ones left at MSNBC are classles haters, fascists, and anti-Americans. Good luck with that GE and FU for selling to Iran through your subsidiaries.
Ease up, TC.
Russert will be replaced by Dick Cheney, and the show will be renamed Eat the Press. I think you’ll like it.
Hey, always a good reminder when people die before their time to make sure you enjoy each day and don’t get riled by the bullshit.
-DT
Kiss your wife (girlfriend, “significant other”, etc.) and hug your kids every night, too.
DT,
AMEN TO THAT
Don’t like Cheney either. I did like Russert.
Fuck You ibankcoin crowd…bunch of cry babies