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Hmmm yummy.....

Canada used to be a cool place to live until the CAD became par with the USD. Eventhough the standard of living in Montreal is still cheap relative to many US cities like NYC, it has become alot more expensive to live here.

For that comment you are going to learn your lesson by buying Timmy Syke's DVDs and your name tattooed whereever your choosing. I suggest his forehead.

More like going with the flow and not fighting the Market's direction.

Yes anything could happen. That is why one always adjust his/her stops as this keeps rolling along.

Hmmm... like many financial institutions, they are making their good and worthy clients to pay for/cover up the bad clients and bad decisions they made. What's the point of throwing good money to cover up the bad. Suicidal. Absolutely suicidal.

Hey it's cool as long you are on the right side of the trade. All I can say was that the minor September spike was PAINFUL. Glad that I held my ground. From my experiences any trade that makes you feel absolute dread each morning when you wake up plus you have that feeling where you want...

Another 600 shares shorted... Total short.... 45600 shares..... @ approximately 21.17 If and when also they announce to cut the dividend. Single digits.... prepare for single digits.....!!!!!!

Once it hits between 23 to 25..... time to move in for shorting...... This assumes all else being held equal whereby the Fed doesn't make some dumb move like lowering interest rates again. If it does all it will do is temporary alleviate things and we then have to worry about inflation risks...

Washington Mutual (WM)... This one is next.......

Going to be one interesting conference call on Friday...... Man it was a painful September after the half a point cut but held on and added more positions to short. Single digits.... single digits!!!!!

That was so wrong on Trader Daily's part in my opinion. It is like a company reneging on a job offer. That was NOT cool. It is either you do or you don't in this case. http://gawker.com/news/ego-casualties/hedge-funder-tim-sykes-bombs-out-on-wall-street-302379.php

Well next week is going to be interesting. Financial institutions are going to report their third quarter numbers. On Tuesday, the Fed is going to speak whether they are going to lower rates and if they are by how much.

Ouch it was.

Countrywide took another infusion of $12B. Yet at the present time no further details from who and what are the terms of this financing. Another round by financial vulture(s) taking advantage of this situation again I see. Would definitely like to see what are the criterias for this infusion...

Well sounds like something that was planned ahead of time. What matters now is how long this will be under CFC's control and ownership.

Geeeezzz... Shorted another 950 shares today....

Remember now... for instance BofA is the "Bank of Opportunity" .... the bank who is always looking for opportunities to screw anyone and everyone when and if the opportunity arises. Hehehe.... the things people do for Spirit Points. Yes.... Higher Standards.

At the moment... Hopefully some of you folks who took things on the short side have put a stop on your positions so you can lock up your profits. Given that anything can happen since right now you have vultures(BofA, GS, JPM, C and other firms eyeing things) watching and ready to strike...

"Don't care if it is a black cat or a white one. As long it catches the mice." As long I am not on the wrong side of the trade, that is all good for yours truly. If your company is genuine and worthy, I will celebrate our victories by owning your stock. If not I will celebrate my own...