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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 689.100.0%Jan 23 4:00 PM EST
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To: Johnny Canuck who wrote (40278)9/30/2003 11:16:49 AM
From: Logain Ablar  Read Replies (1) of 69967
 
RMBS:

Hi Harry:

I just took a small position and may trade out quickly. The supreme court's new session starts next Monday and the rumor is they're NOT hearing the ifx appeal.

I figure this is factored into the stock and its the FTC case that matters (an expected Nov decision by the court) BUT there was a pretty good volume spike this am so I purchased on the pullback.

I really don't want to be long anything over the next few weeks.
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