Blog is rocking here. Citibank is going to open at new lows this morning and GS is opening at multi year lows too. Those GS puts are going to rack up huge if they play out as I expect ( ALREADY +50% IN A DAY). Market is just broken especially the banking sector, also news this morning of Toll Brothers saying no estimates of 2009 revenues or profits as it is so uncertain.
Got to ride the path of least resistance and it is down.
See you lower market.
MARKETJEDI
Tuesday, November 11, 2008
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