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Replies to #414 on MOSTLY CHINA

EquityTrader

03/07/08 11:13 AM

#415 RE: Pennyland #414

Sold FXP at 103. :)
WNRC could double next week on the flight of their airship and a sale.
Shorted QQQQ at 44, covering at 42
Closing out a CIEN position :D
Have MRVL shorted
Shorted C at 45 seeing if it will go to 15
Buying HOKU this week to ride past 10
Mostly looking to continue to short and/or buy puts or bear put spreads on financials that still have a decent price (not many) or internet related sellers (i.e. Ebay, AMZN, etc.) - they are all going to continue to do much worse and expecting MAJOR layoffs.

Would not be surprised to see Fortune 100 companies lay off 1 Million employees in the next 3-4 months.

EquityTrader

03/07/08 11:20 AM

#416 RE: Pennyland #414

In a nutshell, find a beat up sector with one or two shining stars and short them, because they will get pulled down too. Financials, Tech, Internet Sales... Especially Internet Sales.