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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: prometheus1976 who wrote (49268)	4/27/2009 12:00:31 AM
From: Snowshoe	Read Replies (1) \| Respond to of 220025

With flu outbreak in mind, I bought a batch of SRS late Friday and held it over the weekend. Kind of wishing I'd dumped some longs too.

To: prometheus1976 who wrote (49268)	4/27/2009 7:53:53 AM
From: TobagoJack	Read Replies (1) \| Respond to of 220025

hello p1976, you may have missed a post. this Message 25582969 is my only srs position at this point, entered into on april 20th when srs was at around 30. i shorted june put strike 30 at 7.30/shr. the trade is even for now, and should it turn against me with gusto, i would add with conviction, especially in light of all the possibilities against commercial real estate. the violence with which srs dropped is surprising, but perhaps understandable in light of what goldman and all houses adding risk at the rate they must have to catch a whiff of bear market rally. i figure the bible, old testament, will continue its work within at most a few weeks. cheers, tj