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


To: ggersh who wrote (5171)3/25/2009 2:38:53 PM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
No its not... definitely not. I was swallowing hard when I saw the FAZ hitting lows again today. Alas...$23, kling....

Interestingly, some stocks are on sale the whole day. Take AIG or DRYS. Also JPM just turned red. The bear stearns piece is probably rather hurting than helping them (see related story about losses in BSC porfolio for the feds).

PIR pumping ended so far. Perhaps I don´t have to pay for my cover.

Suffice to say: this kind of volatility is foretelling a bearish case.