Now the question is… Do we get a follow-through day?
If so, there are many great setups forming. Check back tonight for some Long/Short Ideas.
…leave comments with ideas, I will post charts later tonight.
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Joined Jan 27, 2008
7,405 Blog Posts
VMW: Bought @ 45.95
[[VMW]]
Comments »GOOG: Bought @ 431.00
[[GOOG]]
Comments »No Confidence
I don’t have that much confidence buying when the market is up 200 points, this cannot be the bottom after what just happened. However, I did end up buying my [[MELI]] this morning, and already regret it. I felt like I needed a long as mother market was lighting up shorts, stupid.
In an environment like this it’s best to have a thesis and pick a direction, otherwise mother market is going to churn and burn you.
Note: I fell like shorting [[LEH]] up here, but will wait for the FED.
Comments »MELI: Bought @ 36.70
[[MELI]]
Comments »Danny was Dead Right!
Several derivatives later at the Sterns compound:
[youtube:http://www.youtube.com/watch?v=DMXhf2klQOs 450 300]In the video he exclaims, “We have to get rid of the bonds at any price!” I guess that explains $2/share for the company.
Note: This video was made 7 months ago, talk about a time machine– Great Work!
Note to Danny: I demand a new video.
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