If you're short, I'm the sucker going long....: This is a rumor

Wednesday, February 13, 2008

this is trading like some rumor

probalby bond resuce..

I just cleared half my non performing short positions.

this is crazy.

Tony said...: Could this be why munis sold off?

China shorts are broken.; February 13, 2008 at 3:35 PM
Eric said...: This is tough.... it makes no sense.

The IWM lead yesterday... the nasdawq today.... with my cash I'm going to get conservative... wait for some confirmed new lows...

I still have some shorts that are still up segnificantly..

I honestly don't know what to think... I can't even see any indicators I'm missing

3 days of sell off into a 4 day rally.

I may risk a little money into the close....
in fact I will.; February 13, 2008 at 3:47 PM
Eric said...: hmmm... the munis are only up 4% and were down 15% on the idea that Buffett was going to save us.

or whatever.

I still say the muni's are playing brinksmanship with the economy.

but it could take 6 months to play out.; February 13, 2008 at 4:01 PM