Monday, April 13, 2009

Day after Easter massacre?

Well not exactly, however, I am short and would love nothing more. Coming off Thursday, I am long SRS, short FAZ puts, long ZLC puts, and short RT. At the minimum, I was expecting a gap down before going higher, so I am not married to these positions, and will take profit if the market shows strength.

Looks like GS is putting that TARP money to good use and starting a new fund.

ESRX is buying some units from WLP.

Keeping it short today, will post more on Fly's blog at Ibankcoin.com

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