will go long financials at open....perhaps premarket.....wait for the reversal......short the hell out???? anyone second?
Monday's plan
- Thread starter forsalenyc
- Start date
IMHO all this does is save the banks and brokerages who were leveraged into the FRE/FNM mess. And yes, it keeps the GSE's alive and functional with the USG backing them.
But the underlying fundamentals of the economy haven't changed much from last week, so I think we may see a Mon rally but likely sideways-to-down movement as the week goes on.....after all, folks knew "something good" was going to happen this weekend for the GSEs, so it's not like this was a total surprise.
But the underlying fundamentals of the economy haven't changed much from last week, so I think we may see a Mon rally but likely sideways-to-down movement as the week goes on.....after all, folks knew "something good" was going to happen this weekend for the GSEs, so it's not like this was a total surprise.
Markets up big on Monday
Looking at the futures now tells me Dow up 500+, Nasdaq up 100+, USD down.
Looking at the futures now tells me Dow up 500+, Nasdaq up 100+, USD down.
shorted after the open.....covered too soon.....damm......churning morning profits away right now. lol
so should've held onto my shorts........how many times have I seen this scenario before....gap up monday morning only to sell off rest of the day.........should not have gone long.....why why why????? I'm such a dumb f(*&!!!
Nice call... do you have a newsletter I can sign up for?
Just kidding!!! I'm being a dick today!!
Thanks
No I do not have a newsletter at this time but I might add one. Thanks for the suggestion.
If you need any trading advice feel free to PM me and I would be happy to help.
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