Jim, I was looking to go long some indexes today, on weakness, (cheap calls) which never took hold, so I shifted gears and was thinking, why the hell is some of this junk moving up today, on thin volume, and then it hit me, short the indexes for a day or 2....I may end up eating these trades, but it just doesn't feel right.
(they just went into green)
As for TRGA, I can't figure it out, other than maybe no one wants the LEON shares, as it is an all share deal, or people want the tax loss, now, for the year. Just another example of how screwed up market sentiment has become. |
