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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (8772)2/26/2004 7:53:48 PM
From: mishedlo  Read Replies (2) | Respond to of 110194
 
Russ - that volume looks like a blowoff top to me and the stock is now under distribution.

Mish



To: russwinter who wrote (8772)2/26/2004 9:08:10 PM
From: ild  Respond to of 110194
 
I shorted COF today. All the good stuff is out: bankruptcy reform in the pocket, coming tax rebates and low delinquency. The upside looks limited. The downside is also limited. Just $71.

EDIT: Been accumulating poots on XLF.



To: russwinter who wrote (8772)2/26/2004 10:38:41 PM
From: orkrious  Respond to of 110194
 
Another top going in?

well, I am only down 8 points in my short and I'm not worried about it <g/ng>


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