Monday, 30 June 2008
BAC DEMOLISHED!
Today is the last day of the quarter, and what better day to demolish the BULLS in BAC. What a disaster. Tomorrow may be different. BAC is suppose to have the CFC deal closed tomorrow. There is definitely some PAIR trade activity going on with BAC compared to the rest of the financials. Perhaps tomorrow the financials will bounce on short covering, or we could continue down until we get that PANIC, that everyone is waiting for.
Here's todays trades & P/L per request-
Went long NMX mid-day, averaged in a long, and got out for a small gain on a bounce.
Averaged into a long on C, thinking financials would bounce in the close, I was wrong and took a small loss on C.
I shorted Crude Oil for a 20 cent scalp, Should've held for the 2 dollar move. NEED MORE PATIENCE!
FRE- FREE FALLING
I love my girlfriends Pussy,,,,cat...
Labels:
BAC,
financials
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