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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: RockyBalboa who wrote (4744)1/8/2009 10:08:49 AM
From: RockyBalboa  Respond to of 6370
 
While Sears Numbers are somewhat unimpressive, with large SST drops of 7% the stock squeezes up and a hedge fund who bought WMT and short SHLD gets the hose to the tune of a few milsky. WMT itself was a surprise but retail number are as they are - poor.

SHLD adds $9, more than 20% and reached nearly 50, in an otherwise poor market with a bad WMT drop.

Together with Sears, doggy GGP rose a lot.
A tale of two markets clearly driven by HF liquidations.