Friday, November 7, 2008

not very funny short squeeze right to the stated target

937/9000/1290

and a beautiful lift off just around 3:30pm low

tried to buy 8830 and instead sold 8930

sold a 980 call at the close against a dec 1000 call

bought EBS at 20.35 and plan on chasing it higher up to 24 with a 28 target

gold stocks seemed firm signaling relative strength in a dangerous world?

we will see what the weekend brings

will Obama name a treasury secretary

will anything work

will Pelosi throw more tax dollars down the sht hole

stayed tuned

in the meantime some stocks seem to be going up on accumulation (ie fear has subsided a little) while others still look like crap

put the line in the water and after you catch it, keep or throw back.

somedays are better for fishing a good catch than others. learn how to tell early in the day

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