nikoschopen
2,824 posts
msg #59931
- Ignore nikoschopen |
2/25/2008 1:22:48 PM
Short ESH8 @ 1356.25 with tight stop
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nikoschopen
2,824 posts
msg #59932
- Ignore nikoschopen |
2/25/2008 1:27:43 PM
Covered @ 1353.50
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nikoschopen
2,824 posts
msg #59933
- Ignore nikoschopen |
2/25/2008 1:38:30 PM
Some developing news from Briefing.com:
Fitch put the ratings on a batch of bond insurers on watch for downgrades, says WSJ, "Bond insurers have had to raise billions of dollars in capital to forestall possible downgrades in their credit ratings as worries about the value of the securities they've insured persist. For mortgage insurers, increasing foreclosures mean those firms are on the hook for covering more mortgages." While Reuters reports the move would pressure ratings for the likes of UBS, Merrill and Citi as well.
This can be comfirmed by massive downgrades by Moody's and Fitch as seen on Dow Jones Newswire.
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nikoschopen
2,824 posts
msg #59934
- Ignore nikoschopen |
2/25/2008 1:40:04 PM
Short ESH8 @ 1351.75
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nikoschopen
2,824 posts
msg #59935
- Ignore nikoschopen |
2/25/2008 1:46:40 PM
Stopped out @ 1354.25
kfa#$#%$^&@!!!
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nikoschopen
2,824 posts
msg #59937
- Ignore nikoschopen |
2/25/2008 2:50:15 PM
Typical buy the rumor, sell the news crap. For those who are relative new to this game, it means "screw this market!".
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nikoschopen
2,824 posts
msg #59938
- Ignore nikoschopen |
2/25/2008 3:13:03 PM
Short ESH8 @ 1364.25
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nikoschopen
2,824 posts
msg #59939
- Ignore nikoschopen |
2/25/2008 3:24:17 PM
Here's another snippet of "you scratch my back, I'll scratch ures" from Briefings.com:
The talk out there on the bail-out business seems to skeptical at best, with a number of players and pundits chiming in to voice concern, wariness or "unprintable."
WSJ's Gaffen early wrote "In a sense there's an odd circle playing out here: The banks have exposure to a load of debt that has an intrinsic value largely based on the insurance guarantee from MBIA and Ambac. That guarantee is in doubt, so the banks are going to back-stop that with capital to the insurer - to protect themselves. But haven't we seen this movie before? When Merrill Lynch first took a massive write-down back in November, the markdowns were reluctant ones - the firm wouldn't even comment on whether the asset valuations were enough to sell in the market. They ended up later marking down those positions more aggressively- to where the firm admitted it wouldn't recover any value."
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deanengle
33 posts
msg #59950
- Ignore deanengle |
2/25/2008 9:26:47 PM
MAXRETURN, THE LITTLE CRUMB FOR MONDAY ( LNET ) MADE A 50 % INCREASE IN OPTION PRICE TODAY. I USUALLY TAKE ONE DAY PROFITS OF 50 % BUT THIS ONE HAS A GOOD CHANCE IN THE NEXT COUPLE OF DAYS TO BREAK 100 %. OPTIONS ARE BOTH FUN AND PROFITABLE, HOPE YOU FOCUS ON THESE SHORT TERM OPTIONS. HERE ARE 5 LITTLE JEWELS FOR TUESDAY'S OPTION CONSIDERATION ASF, UHAL, ITMN, LEAP, AND REXI HOW ABOUT YOU EVALUATE THESE AND SELECT A RANK ORDER OF BEST TO WORST AND SEE HOW IT TURNS OUT, MAXIMUM TIME IS 5 DAYS FOR THIS TRIAL...DEAN
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mimi
63 posts
msg #59951
- Ignore mimi |
2/25/2008 9:35:15 PM
DEAN, I am also learning Option Trade. I thank you for your posting,too!
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