Such an ugly day, yet so beautifull

By Brett Goldstein on Oct 19, 2007

Just got back from class and I see to see the market down over 300pts. If anyone has been watching the shippers (tbsi) you would have noticed that it was way to overbought. Shorting at the close last night worked perfect for me today. I posted last week (OCT 15) “I really think the market should go lower. I am keeping my shorts” This week is what I am talking about. Hope no one got caught on the wrong side today. Great day to make money as a bear.

This entry was posted on Friday, October 19th, 2007 at 12:26 pm and is filed under Annotated Analysis. You can skip to the end and leave a response. Pinging is currently not allowed.

4 Responses to “Such an ugly day, yet so beautifull”

By BSNBC on October 19th, 2007 at 4:15 pm

Nice call on the market going down.

thanks for your blog. it’s a great site.

By gw on October 22nd, 2007 at 2:04 am

What happen to you VLO,AEM and GIGM longs? are u still holding them or did you cut loss?

By Brett Goldstein on October 22nd, 2007 at 6:13 am

I am still in VLO and AEM. I cut 75% of my holding in GIGM. I needed the the money to short the overbought shippers (TBSI). I am still long a few stocks but I have cut my shares to at least half has much as I held before.

By Elizabeth Pogue on December 20th, 2007 at 1:45 pm

Yes, as usual I agree. Where do you all get your information from? Wize trade gives me all of my trades.