Short the bank rallies

Short the bank rallies...bac should be shorted on strong rallies ....

 

short at 24 85 here maybe...think its putting in a ceiling here and bottom at 24 10

 

Good luck....Your balls are bigger than mine.

T
http://actionpointsta.blogspot.com/

 

I was a little early at 24 85 cuz it went up to 25 20 where i shorted it at 25 10 and covered at 24.76...im trading small so it s not big balls...

Order ID Buy/Sell Qty Symbol Price O.Type Expire Status Fill Sp Executed Entered
4062370664 Buy To Cover 250 BAC 25.00 Limit Day Filled 250@24.7699 10:22:44 2008-07-17 10:22:41
4062319942 Sell Short 250 BAC 25.10 Limit Day Filled 250@25.10 10:17:48 2008-07-17 10:17:32
4061945730 Buy To Cover 400 BAC 25.89 Limit Day Filled 400@25.80 09:49:47 2008-07-17 09:49:43
4061902363 Sell Short 200 BAC 26.33 Limit Day Filled 200@26.33 09:47:36 2008-07-17 09:47:32
4061856346 Sell Short 200 BAC 25.70 Limit Day Filled 200@25.7801 09:45:14 2008-07-17 09:45:10
4061780505 Buy To Cover 200 BAC Market Day Filled 200@25.38 09:41:10 2008-07-17 09:41:09
4061777055 Sell 250 T Market Day Filled 250@31.8201 09:40:58 2008-07-17 09:40:56
4061696494 Sell Short 200 BAC Market Day Filled 200@25.50 09:37:10 2008-07-17 09:36:41
4061573672 Buy 250 T 31.63 Limit Day Filled 250@31.5899 09:33:53 2008-07-17 09:30:55

 

Hope everybody keeps selling bank rallies, adds longer term fuel to the fire

 

Im just trading SKF, waiting for the next drop below $140 to add another position. Sold it after it ran $3 soon after it was up $8.

 

a little late to the party huh ?

 

the best banks have already reported its all baked into the rally-its all downhill from here...the shit financials have yet to report like:

MER after the close
C before tomorrows open
BAC monday at 9.30 am


i think they will kill this rally...bac was up 4$ this morning!

 

I thought you were long UYG and magically making profits trading in and out of it all the time? Now SKF? Kind of redundant don't you think?