I have decided not to recommend short position anymore. Took a big loss in BSC an closed it.
Do you see any other economic trend?
If you know of some economic trend which is not listed in this blog, please let me know. You can contact me at
subas11us at the rate yahoo daut com
subas11us at the rate yahoo daut com
Monday, March 24, 2008
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2 Comments:
Yeah.. as soon as i saw thenews about 10$/share for Bear.. i was thinking about your short position.
It's too dangerous to short in this market right now. I think one bit of bad news can blow all of the banks out of the water again. Wonder how much of last week was a fluke with a combination of the Fed bail out and better than expected earnings from Lehman and Goldman Sachs.
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