Triangle Much?
Fri, Dec 14, 2007
Kind of a nonsense title; but then it’s kind of a nonsense market. Yawn.
So really, wake us up when SPY hits 141 or 152. Maybe we get some more churn for options expiration next week, followed by a holiday rally. Or maybe we hit some serious selling, the kind that doesn’t care what month it is.
Oh, and to all of our bonus trade fans: that LEH trade didn’t work out well at all, did it? Fortunately, our nuclear disclaimer should have warned everyone off, lol.
Monthly review coming up this weekend, so stay tuned.
More on this topic
(What's this?)
How Credit Default Swap Settlements Are Draining Liquidity From Interbank Market
(naked capitalism, 10/28/08)
Lehman Creditors Allege JP Morgan Role in Bank's Failure
(naked capitalism, 10/3/08)






0 Comments For This Post
1 Trackbacks For This Post
December 15th, 2007 at 11:15 pm
[...] terms of tradable sentiment, we recently noted that there’s no clear signal at the moment where the markets will finish out the year. In short, it’s a good time to be [...]