Check out the intraday movement in the last two days. Big declines followed by big recoveries, then a sell-off in the final hour. Actually, the...
Are you serious? Let's leave the grudges to the schoolgirls. I shorted this one expecting the volatility from yesterday's close and today's...
^ I'll be out by close of trading no matter what.
I won't be in this one long enough to pay your dividend, TR. Just hoping to shave 2-4% off the top and cover.
Don't remind me! :mad: Got out at 16.65. Volatility on AHM died pretty quickly. I'll hold for a while longer (stop at 15.25) in case a...
Balls of steel, my friend. Balls of steel. :)
If I'm not mistaken, you were the one that called the top on ICE. That was a thing of beauty!
Incorrect title. "Mortgage play of the day" is more accurate.
Nice trade. Promising downside potential for indexes today. Are you covering by close, or will you let it ride through Monday?
Just shorted this one at 25.12. Should follow the path laid out for it by its peers (AKA NEW, LEND, NFI).
So what you're saying is buy this one before it's too late, right? :p
Well, gee whiz blast. You got me there. Of course, traderich was making the case for NEW at 5.25. Moreover, if you find his case for buying...
^ Not to mention the drop in consumer confidence... http://biz.yahoo.com/ap/070309/ipsos_consumer_confidence.html?.v=5
Notice how the sheep are lining up to buy pre-market. IMO, a rude awakening awaits them. I'll be looking for some discounted short opportunities...
We are in a highly reactionary market environment ahead of the jobs data, so the activity today should (hopefully) be exciting and nonstop....
Rising sub-prime defaults in the news, again ... http://www.bloomberg.com/apps/news?pid=20601087&sid=aC9LdDcv4.Wc&refer=home
Traderich, Out of curiosity, why are you so adamant in your defense of these companies? These guys are real losers. There are bargains and...
Just came across another job posting: Wanted: Lawyer with ties to organized crime bosses. Essential Function: Put us in contact with...
NEW will be down BIG. Lenders have cut the company off, effectively nullifying its business....
The usual suspects: NEW, NFI, LEND Tomorrow will be ugly for these guys.
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