Thursday, October 8, 2009

Thanks DB

It appears they might have for the for short term topticked GS, I have some long gamma in there so I shorted some stock premarket a couple bucks higher than the current quote. In this market you have to take gains on shorts immediately - i have gamma so Im safe but jeez this tape is insane - you'd think Henry Ford had just invented the car the way people are plowing into US equities.
This feels like it should be a reversal day but this market is so abnormal Im done trying to predict it.

JB

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