tag:blogger.com,1999:blog-2335748440449035592.post3338086978484173838..comments2008-09-25T13:35:29.635-04:00TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-2335748440449035592.post-67038565599129702062008-09-25T13:35:00.000-04:002008-09-25T13:35:00.000-04:00Nice call on RF. Still think they are one of the better regional banks even though Wall St got really negative on them. After all, they've yet to have an unprofitable Q.Stonefoxcapitalhttp://www.blogger.com/profile/00583540825602471042noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-44128496294324064982008-09-25T00:55:00.000-04:002008-09-25T00:55:00.000-04:00It's amazing how POLITICS is driving our market now. Not the price of oil, not the US Dollar.. Politics.<BR/><BR/>Look at the lack of volume and sideways tape with no breaking news today. Crude inventories down, again..housing down, again. Blah, who cares. What did Bernake and Paulson just say! Fickle people trading a fickle market.<BR/><BR/>I tried to be an investor today. I took a stab at JRCC long at $28. That lasted all of about 25min.Bluehttp://www.blogger.com/profile/07458014542795974566noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-128373877256473902008-09-24T15:31:00.000-04:002008-09-24T15:31:00.000-04:00I'm adding to UYG as well<BR/><BR/>UYG did not jump 100% last time around. Not saying RF will. Just another way to play the same theme.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-54290336211300348592008-09-24T15:14:00.000-04:002008-09-24T15:14:00.000-04:00Hey mark, good find on SQNM. Thanks for that.<BR/><BR/>Why not UYG then as a trade? surely the pop up on news of a confirmed bailout would be greater?Masterhttp://www.blogger.com/profile/10477087305155703756noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-60452320104867100992008-09-24T14:21:00.000-04:002008-09-24T14:21:00.000-04:00Yep, it is so pathetic what this market has become for months on end<BR/><BR/>just a 2 sided bet on what government will do that day, week, or month<BR/><BR/>there is no investing out there<BR/><BR/>just dice rolling<BR/><BR/>hence the near 60% cash! can't even feel confident in the short side after the sand blasting given late Thursday and Friday.<BR/><BR/>Overall I think the market should be 15% lower from here but we keep pulling out rabbits from hats to keep the market elevated from where it should be.<BR/><BR/>So these counter trend rallies simply destroy you if you even have 20-25% short.TraderMarkhttp://www.blogger.com/profile/06241756200482130281noreply@blogger.comtag:blogger.com,1999:blog-2335748440449035592.post-38200806166652132772008-09-24T14:12:00.000-04:002008-09-24T14:12:00.000-04:00Polls say only 7% of americans are in favor of the bailout... and over 50% are totally outraged by the mention of it. The weasels are a few months away from an election... it's a bad time to ignore the wrath of the constituents.<BR/><BR/>I am afraid to take a position in anything at this point... the risk and uncertainty is too great.shaxmatisthttp://www.blogger.com/profile/07220757563758396222noreply@blogger.com