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Could be testing its earlier lows very shortly. The remaining hurdle will be to break below 25 and hold. Should it close in $24 territory, I don't see this one reaching 26 again for some time. Time will tell...

Why Replay? http://www.elitetrader.com/vb/showthread.php?s=&threadid=89113&highlight=Next+Great+Mortgage When I first shorted AHM, I noticed resistance in the $26 range, and that resistance has held twice in the past two days. I'd look for this stock to retest the $26 level on Monday...

:p :p :p

It's funny how a single story story can be interpreted in so many different ways. Bloomberg Headline: "Greenspan Expects Subprime Mortgage Fallout to Spread" http://www.bloomberg.com/apps/news?pid=20601087&sid=av6xMzI9fhjI&refer=home Associated Press Headline: "Greenspan: Subprime...

No they don't. Futures have always interested me, but I'm guessing I have a lot to learn before committing my capital. Good idea, though. If you know of some good books to get me started, let me know.

I've considered that, but I think it's a bit too early in my "career" to start breaking laws. I'd like to have at least a few years under my belt and a job that I care about before I go Enron on the industry. :D Actually, the first account I traded was under my mom's name where I had POA...

So I recently took a job as a P/T stock broker while I finish my studies at university. I only took this job because I wanted to be licensed before graduation, which I now am, as I figured that it would help open the doors to a prop trading career later on. Today, I received a call from the...

It seems that we are polar opposites, flytiger. Remove the "not" in the above statement and you're left with the stated "objective" on my resume. :D

Google won't stop working until the apocalypse is upon us and even then I'd expect only minor interruption. :cool:

:p

A bit older so no Dateline specials for us to worry about. Although, that would definitely add to the excitement. :p

I'd love to see another bounce in these stocks tomorrow. By Monday, most shorts will have been wiped out and renewed opportunities may arise. After all, once the buzz dies down and volatility recedes, you're left with an extremely troubled sector with downside potential. AHM at 26+ would be...

I'm expecting green in early trading as long as there are no surprises overseas. Whether it closes strong tomorrow remains to be seen.

Feel bad for the guys that shorted LEND yesterday, thinking they had a sure thing. :eek:

If that's not a short squeeze, I don't know what is! :D

Exactly why I only picked up a small stake. While I don't see this one breaking 20, I plan to add at 24-25 and again at 21-23 if it gets there. Of course, the actual prices at which I'll execute will depend largely on market conditions. Also, if this one gets a quick boost in the next week...

I've had my eye on this one for a while now and though many believe that exchange stocks are past their prime, NDAQ will prove to be the exception. I picked up a small stake today at 26.61 (double bottom) and I plan to continue accumulating shares on sell offs. This is not a short-term...

I look a lot like this guy only without his pearly whites:

I definitely wouldn't buy here. In fact, I remain extremely bearish on the sector. However, it's just getting way too risky to be short here. Time to exploit new markets! :D

But it sure was fun while it lasted! :D