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


To: cubsfan who wrote (5245)4/6/2009 8:37:26 AM
From: RockyBalboa  Respond to of 6370
 
bejeez, there´s more today I had to close the position as selling is really taking over today. Could be a strong day for the leveraged shorts.

Oh, I have some SRS! (which I can sell, or keep...)



To: cubsfan who wrote (5245)4/6/2009 8:44:55 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
We will see... I´ll dump if my position goes red. IBM playing hardball and not overpaying JAVA makes sense; and in a weaker market, that can drag out quite a while and the stock fade back accordingly.

JAVA needs a deal pretty soon or it goes the Yahoo way and they have little other suitors to show (I rather expected ORCL to gobble up JAVA, but that didn´t happen).