CIT- May file chapter 11- Down 28% after hours

was up on this story I believe.

http://wallstreetpit.com/10756-john-paulson-may-merge-struggling-cit-group-with-indymac

 

That's because the chart he's looking at is upside down.

 

You used to have to go to the pinksheets to see shit like this move. What a joke.

 

AMT,
Where did you get the numbers for "Commercials" holding large resting SHORT inventory ?

 

I track their activity through a parsed volume study as I find the areas where they accumulate LONG or SHORT inventory.

 

Commercials holding SHORT positions and so was I......targets filled all the way down to the 1042's so far today.