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Namiar

05/18/09 2:07 PM

#36954 RE: kanuti #36953

The RAIM scalp was never closed. Last week there was the significant OS position resulting from the selloff on Wednesday, which was followed by Thursdays rebound.

Although I went to cash that day, the RAIM scalp was still open as the deep OS from the day before prompted more upside down the road. I correctly played the outcome (the Friday selloff), however again I didn't go in big enough to make any serious coin.

Will return to cash today.
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was Steve

05/28/09 3:45 PM

#36980 RE: kanuti #36953

new intraday high in banks. sold both sectors and back to full short for feel good friday...just in case its da bears who are feeling good.