It only makes sense that a bank called Bank of America trades lower. You would think my LM short could gain traction here. Anyway, I’m still long C, still short LM, & loaded up with BGZ. I have a few other long term longs, but nothing serious.
I’ll continue to watch this tape closely, the day is still young, anything could happen. The way the market’s been, I would not be surprised to see us close in the green, but I wouldn’t bet on it.
Note: Continue to watch the banks for signs (C & BAC)
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LM is starting to piss me off. Its sitting there with little volume and it feels like its being held up…..big time.
Looking at the inter-day right now, it looks like it may roll over. Im loaded up with 5000 shares in the $17.30’s.
BAC has a ton of put action at the 7.50 strike dec and jan. whoa!!
it looks grim for BAC, and I hear you on LM.
Close in the green? WTF.
LM needs to break the lows for the day….$16.05.
Then Ill be happy
LM just broke it!!!!!!!
Fuck Yeah
Break $16……….c’mon
These assholes will do anything to keep it above 16 right here.
Hell yeah Mike!
DD, I said I wouldn’t bet on it, but I’ve seen stranger shit before.
LM will go the way of PZN. Give them some time to marinate in their losses.
I am out of TZA, hey I am not one to argue with a 25% gain in 1 day. Still have my FXP and DXD.
Ha, great minds think alike. Just dumped my BGZ.
Stopped out of MICC, PRU & PCX