Lao da, wake up!!!! You can use one hand to count all the bears in hutong now. Bear? ...
colderdown 发表于 2010-12-3 12:04
I shorted yesterday, still a little bit under water, But I sold full covered SPY put expiring today. If they drop a little more today or tommorrow I will be in money and exit.
Stocks were modestly lower after news the jobs picture hasn't improved as much as many investors had thought given several positive economic reports in recent weeks, including news Friday that the services sector continued to grow in November. AmEx and JPMorgan fell, while DuPont rose.
Well, it has to break out 1227 or at least yesterday's high by COB today or early next week; otherwise, bears still have a hope to pull it back below 1173.