Friday, August 28, 2009

Churning into the weekend

The market hit its highs at the opening and sold off quickly - traded down a few bucks on the SPUZ most of the day and now they are up fractionally...yawn. AIG, FNM, FRE,C big movers. INTC is up almost 5% ( a non bullshit company) so bulls can put a feather in their cap with that one.
I have made a few good trades today....not being to aggressive..Just so you know its me I am still amazed by the near constant strength in this market.
My partner is coming up with some plays on some jan volatility. We think vol is to cheap.

Anyways next week we will come up with some good new ideas.

JB

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