Gotta love CNBC - NEW is practically a goner, down what, 40-50 points to 5 And talking head says "New is up sharply higher today" - the irony of it all - LOL Just once, I would like to hear someone say: "GEEEEEEZZZ, that dog went down the toilet, didn't it?!?!?!!"
Better yet: "The suicidal contingent of investors seem overly eager to meet their demise on this one..." (LAUGHTER IN THE BACKGROUND) "You've got that right, Sue. I mean seriously, what kind of intellectually deprived a-hole would buy NEW here?" "Your mother!" (UNCONTROLLABLE LAUGHTER)
That was a beauty!!! I had a $1 trail and got stopped out at 15.98. I may reopen if it gets back to high 16s low 17s...
Damn. LEND getting hit hard. I'm long oil refiners and short mortgage lenders. And it's a beautiful thing.
I should have been out at a better price, but the fluctuations were crazy. And perhaps Scottrade isn't the best in terms of executions.