Tuesday, June 17, 2008

GS

GS going for lows of day- wow, earnings didn't help what so ever.
Market is just too weak. I dont think they crack us below that 12000 on the DOW this week but we look pretty weak here

LEH, MER, MS and WM

All very very weak. Notice these stock ran up the last 3 days and was nothing more than set ups to reshort, no Bounce

BANKS

Goldman Sachs out saying Banks especially regional banks will need to raise more capital.

Hmmm I wonder who have been saying that for months???

POT

$250 should be heavy resistance on this stock .

Also just a note on Oil. I THINK we push towards 140 before the weekend again. JUST an opinion, NOT A PLAY...

POT

These agro stock are now way parabolic I would not touch them here on the long side. We are closer to the top on these more than anything else.
Dont mean I am ready to short either.

POTASH

POT that stock is not on POT (marijuana) it is on crack!!!!!!!!

GEEZ

FINANCIALS?? That was it??

That's all the bunch the financials have??
GS couldn't even save itself-

I guess we have much lower on that sector!!!

TRADE CALL :MS CALLS

Gettig out on the gap up - should be around a 30% gain at open, not bad for a 1/2 day hold


ONLY WINNERS HERE!!!!!!!!!!!!!