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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Giordano Bruno who wrote (222867)9/30/2009 4:20:39 PM
From: patron_anejo_por_favorRead Replies (2) of 306849
 
I chickened out on my CMG long, sold near the close for a 60 cent loss. That'll teach me!

Also shorted M into the close, and unloaded SSO and some MAC shares that were hedging a naked call short. Closer to my baseline allocation, short MAC calls, short SPG (with short puts covering), short COF, long TWM, long DXD, long SDS. Long covered call positions on GE and MRO. Long some other assorted dreck, including the miner shares featuring a Patronesque long position in NGD (which has done it's damndest to come back from the dead the past 2 days). Also started a BPZ long today at 7.35.

I have a sneaking suspicion that the employment number on Friday will be a real downside shocker, but we'll see. Tomorrows action will be the tell, you can bet Squiddie will have those numbers before the close and will be trading them.
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