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

To: cubsfan who wrote (5275)	4/9/2009 8:20:21 AM
From: RockyBalboa	1 Recommendation Read Replies (1) \| Respond to of 6370

No I ruthlessly arbed it .. long the skf and when I found that the faz was not updating in time i shorted many more faz....I got SKF at 8% under and could sell the faz much better. In general I am no more long the short stuff..save for a few select days. As suggested some times, banks will show good 1st quarters and rallye accordingly. thereafter it gets hairy. What I have, is a decent bull spread on FAS which appears to make me money as FAS rose past the first strike price, $4. The price for those spreads was nearly nothing. I am trying some cross-sector arb between SRS (-5%) and SKF/FAZ (-16%) by going long FAZ and shorting SRS This also works great!

To: cubsfan who wrote (5275)	4/9/2009 8:34:32 AM
From: RockyBalboa	Read Replies (2) \| Respond to of 6370

Whoa... WFC rocket ride +30% now! Looks like FAZ and FAS will kiss each other at 10....(or 9)