Pabst's Blue Ribbon Trades

Sorry about the lack of updates but I'm often too tired/stressed/involved at night to put my thoughts together on paper.

I just want to share a few trade ideas. I'm long Apr/96 Swiss Puts. Certainly not sure about the funnymentals regarding dollar longs but I have swell resistance in all non-dollar (ie. Cad, Aus) majors. Above 9915 in Swiss futs all bets are off. I'm perfectly aware that absent respect from these levels (Friday's highs) the greenback could really get smacked. Particularly against JY.

I also have decent support in the index. I'm going out on a limb here and saying Citi could rally for good from to-morrows open.
 
Quote from Pa(b)st Prime:

I also have decent support in the index. I'm going out on a limb here and saying Citi could rally for good from to-morrows open.
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Great index call Pabst ! Whether you're lucky or smart doesn't matter , that does appear to be a double bottom at 1270-1275.

I don't know about your citi call yet but you are obviously off to a fast start on that one too. If your call actually catches the absolute bottom on citi, it would be most, most impressive ! Good luck w it!
 
Quote from Bob Rowshan:

Great index call Pabst ! Whether you're lucky or smart doesn't matter , that does appear to be a double bottom at 1270-1275.

I don't know about your citi call yet but you are obviously off to a fast start on that one too. If your call actually catches the absolute bottom on citi, it would be most, most impressive ! Good luck w it!
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Thank's Bob!! I'm glad you're back!!!!!!
 
Quote from Pa(b)st Prime:

I'm going out on a limb here and saying Citi could rally for good from to-morrows open.
More...

This call is a blue ribbon special of epic proportions! If this turns out to be true, it may be the boldest and best call ever on ET. I mean, citi has been in a prolonged bear market and up to their assholes in subprime garbage. Yet here's Pabst calling the absolute bottom to the DAY. Even if he's ultimately proven wrong, he was certainly right by +8% yesterday. Bravo!
 
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