I should be considered a high frequency trader based on how quick I can click today to short even being down $50,000 on the year.
Looks like 60-66 today.
I would not underestimate the lengths they will go to and the means they will employ to turn those positions profitable.
Short 03.50, stop 13.50, target low 1600's.
That's the point, irony. That is the day Paulson told all the I-banks to take the money. They were not allowed to leave the room till they did.
Three things I hate.
3. The fact that Columbus Day 2008 markets were up 11%+ in one day.
73-74 last chance for a u turn today.
short 56, exit end of week.
Should be down another 15 handles today.
These herds have seen it before but they run toward danger.
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Duh, your right mate. Hey, two days is close enough.
I hate irony but the stated debt limit of October 17 is the anniversary of Black Monday 1987.
short 58.25, add 60.50, target new lows.
1065 or are you saying 100 handles lower?
We should test 1660 lower limits of support.
This answers a lot of questions about who will be the first to know when a deal is reached, not the general public. And it's perfectly legal....
Barring any announcement that Obama and Bohner were seen holding hands and walking on water we should test the lows of the week.
Short 78.50, add 80, stop 83
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