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To: Bank Holding Company who wrote (157074)10/14/2008 11:37:30 AM
From: Think4YourselfRespond to of 306849
 
No, I have some cash from selling calls this morning. I am all long as of last Friday, mostly in the "key nine" banks and automakers, and doing well today. I am done shorting the financials for the foreseeable future. No way in heck I am betting against the Treasury with everything they are doing.

The program announced this morning changed the game as far as I am concerned. Still haven't decided on the best strategy but holding until the credit markets loosen up is looking to be the smartest move. 20% return or better in a few months for waiting is acceptable.