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

To: cubsfan who wrote (4818)	1/26/2009 11:01:22 AM
From: RockyBalboa	Respond to of 6370

Right, but so far it works. European banks worked out better, early the day, but I bought MS with little enthusiasm right at the beginning of the session. To my surprise, the stock really went up!

To: cubsfan who wrote (4818)	1/26/2009 2:43:27 PM
From: RockyBalboa	Respond to of 6370

cubs... forget what a rally may look like. <g> Quite the shake... I was swallowing hard as I let go my bounce purchases too early, and ended up short the SKF at roughly 162s... had to "double up" by buying the JPM dip. But its strange; everything faded. Then Caterpillar was no help and ... the average stock here, was down not up. Whatever Goldmen moved to downgrade USB to sell, they must know something afoul there... the stock sold off the whole day; it didn´t trade up with JPM near 26 and the SKF at 148 and thereafter it gets a pounding.