Stuff to look at

FNM my favorite short is getting some buying.- I think again for those who missed it twice before on the short side, it will be setting up to be short again @ the $28 level.
Also Oil is setting up a bull flag on the daily here- I will be betting on this one making new closing highs in the next few days. $147 will be the number to watch on the upside IF we do break to the upside.


Nice trade out of SKF this morning

SWEET

TRADE CALL :MS CALLS

Very short term trade more than likely out tomorrow

TRADE CALL :MS CALLS

Buying MS $39 calls here and now @3.80

Investment Banks

Investments banks getting the lift I expected this morning-
GS+5
LEH+2.5

Think they can go alittle higher here.

GS reports tomorrow and if they dont say anything bad I can see this one going to 200

OIL NEW RECORD

Oil just hit new record $139.
Gold also rallying

TRADE CALL UPDATE: C, SKF

I am exiting these positions this morning as the investment bank earnings reports starts this morning.
Why mess with the formula?? taking the last of the SKF off here +$30 and covering Citibank +$5.30.


ONLY WINNERS HERE!!!!!!