Make sure you grab a few longs down here.
I picked up National-Oilwell Varco, Inc. [[NOV]] @ 53.30, also added to my position in FCX off of Fly rec, and grabbed Google Inc. [[GOOG]] @ 418.
Note: I’m still long [[SRS]] , and short Legg Mason, Inc. [[LM]]
Update: Out of GOOG @ 421
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sman7, now’s your chance to take down those LM puts.
I just did. Thanks RC. I did it before you posted you message. Trouble is, I think I was a touch early. Bought Nov 30s.
Giddy up.
out of GOOG @ 421
RC,
Do you have a target for SRS?
$110
http://www.finviz.com/quote.ashx?t=srs
Tons of money to be made, but damn, I got flagged for pattern day trading for the second time and they took my margin away. Blah, I’m still up at least.
It appears that LM is bouncing back to $40. Should be day of rest before we resume the pounding of financials.