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Re: goodolboy post# 14320

Thursday, 07/29/2010 8:12:53 PM

Thursday, July 29, 2010 8:12:53 PM

Post# of 37347
Inverted cup/handle on DJI,, lots of trading desks shut down.. thinking about getting short mkt as a whole.. maybe next week.. Earning are Ewww,, Housing has not hit bottom,, Banks are not forclosing so ### are skewed.. Have friend tying to short sell with BAC and they will not deal, has not made a payment since Jan and they have not filed.. it is a country wide loan, and no one can seem to find the original paper work. but the only thing bac has done is send a few nasty letters,, but, no file,, IMHO forclosures have NOT hit bottom,, Heard another story tonight about BAC in California, lady stopped making her payments almost a year ago and they still have not filed,, she is banking the cash and living free,, $7500 a month note and still has another free year in the house if they filed today... Lots of Skewed numbers out there.. Now this has nothing to do with short term but, I would be looking at some LEAP puts accross the board.. Talk to you all soon,, phone works fine if you all what to chat :) T4C
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