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To: robert b furman who wrote (9081)10/24/2008 11:54:34 AM
From: Perspective  Read Replies (1) | Respond to of 41411
 
Well, I shut down a little short exposure. That feels a little better. I'll give it some time and think about shutting down some more.

When amateur hour ended, the 10:00-10:30AM move was solidly downward. That makes me suspect that there will be more selling during the final hour, but I've had such a good year this week that I'm ready to be a spectator for a while. Throw me a big "C" up and I'll find a few more stocks to give ya...

`BC



To: robert b furman who wrote (9081)10/24/2008 11:58:08 AM
From: Perspective  Read Replies (1) | Respond to of 41411
 
Of note here is the fact that SOX is the ONLY major index that exhibits a clean five wave count down from the August high, and if I try really hard, I can imagine a fiver off the May high (but I doubt it). It has also probed the 2002 low now.

`BC



To: robert b furman who wrote (9081)10/24/2008 3:42:52 PM
From: Galirayo  Read Replies (1) | Respond to of 41411
 
The SOXX is only up Cuz Bob closed some of his Shorts. :)

The Royal Bank of Scotland is Trading near $1.00.

stockcharts.com

I'd Guess they are Hedged ... Since they Called It. ..

See This Post.

Message 24685305