Heavy Wachovia rumor

After their Chief Risk Officer and CFO resigned I started to step up my research on Wachovia. There is a heavy rumor on Wall Street that Jamie Dimon from JP Morgan strongly looking into taking over Wachovia.

Just a heavy rumor now, but the fact that the CFO and CRO resigned let me think it is very possible

Heads up

Wont be here next week after tuesday. Going away for a few days.
I will have my laptop so if I can get broadband and I see anything worth playing I will post some stuff

TRADE CALL UPDATE:GOOG Puts

GOOG puts double here- take 1/2 off


printing $23.50

TRADE CALL UPDATE:GOOG Puts

For those who took the GOOG puts they are doing nicely here- ALMOST a double.

Death to GOOG

MARKET - GREENSPAN

Greenspan on CNBC being interviewed by Maria. He is basically saying we are DOOMED!!!!!!!!!!!!!!

Tomorrow Thursday

For tomorrow I really expect us to chop around. We have had two trend days up and three in a row will be truly rare on that note if we do gap up it is a short opportunity.
Some stocks to look at :
BIDU- looks like it is losing steam on the upside so watch for shorting opportunity on this one.
AAPL- The same.
POT- I like short if we can move up another $5 or so. I think this see $190 soon.
CSIQ- Watch for upside as FSLR reported stellar earnings.
SOLF- Same Deal.

Oh my number short for the next 18 months was mentioned by CRAMER but as a long. Again I am not short yet but I am looking at the $115 and $110 October puts. We will see where they open it tomorrow as I might play it small on a gap up here.



MARKETJEDI

BULLS!!!!!!!!

We making new highs into the close. 1283 on the S&P, think we will surpass last week 1291.50. Next level to watch is 1325