Monday, September 15, 2008

TRADE CALL UPDATE: TWM

OUT HERE +$4

Taking profits

Taking profits on shorts here0--

Out TWM and SKF long

Excellent morning

Excellent morning for the open plays- I would think about selling some TWM, SKF and cover some more GS if you have any.


ONLY HUGE WINNERS HERE AND I MEAN HUGE!!!!!!!!!!!!!!!!!!!


MARKETJEDI

Warned You!!!!

Bear Sterns, Fannie, Freddie, now Lehman and Merryll and next it WILL be Citibank, Goldman, Legg Mason, Wachovia. I told you it is going to be a nightmare but I got the usual oh man you are just crazy and too much of a bear. Oh well I was just trying to help. Folks there is alot of downside here and I really mean alot. The DOW has 4000 points on the downside and sorry people we ain't seeing 14000 on the DOW for years. The nasdaq can go down 50% from here.
Can't stop the force for this downside and we haven't even started yet believe me. This market is ready to CRACK major. Don't buy DON'T BUY.

Sunday, September 14, 2008

Death all over

Wow LEHMAN going to file for BK. Wow this is great lets just make JP Morgan take over everyone and run the country :) just joking. We are in serious trouble here folks economically, futures are down over 320 points on the DOW as of 8: pm sunday night. What do we do? Well I have been saying for awhile DONT touch financials, I am sure many will say this is the bottom but I think the financials are dead and wont make money for another 3-4 years.
I am think for sure after tomorrow everyone will come out and say we will test the July lows but I will say this again we will see and blow through the July lows, as it is my opinion we are going much lower.
I have some TWM (Russell ultrashort) and SKF (very small) and a few options which should open up nicely tomorrow. I might consider taking 1/2 off as the fast money might want to try and pick bottoms here.

Tomorrow should be crazy that's all I know :


MARKETJEDI

Friday, September 12, 2008

TRADE CALL UPDATE: MER - MOJ VY

Out all options +100%


ONLY WINNERS HERE

Friday Morning

Well with 15 minutes go to all they are talking about is LEH demise. Hope that helps our MER puts which are a DOUBLE. Lets see how they move us after the first hour or they want us much lower. Yesterday rally was BS, it was just a 9-11 rally believe me. Today will tell the real story.


MARKETJEDI