Wall Street Manna

An irreverent look at Wall Street

Wednesday, November 17, 2010

It's bear skinning time again!


At November 17, 2010 at 1:23 PM , Anonymous Anonymous said...

What makes you so sure?

And how are you playing it?

At November 17, 2010 at 1:37 PM , Blogger Palmoni said...

Just bought calls on the QQQQ and SPY for now the indexes move before the stocks--bought some January 55 calls on LVS this morning at 1.16--I think you have a easy triple there

At November 17, 2010 at 2:21 PM , Anonymous Anonymous said...

Yes but Yamana Gold is still the biggest piece of sh*t I've ever seen. There must be something really wrong with that we don't know about.

At November 17, 2010 at 8:01 PM , Anonymous Anonymous said...

Palmoni, you think you skinning bears but you are just one news item away from euro crash followed by market crash. Play stocks just drop stupid bear analogies. What about stocks dropping from 1225 to 1176 in just couple of days? Would you call it "raping the bulls"? You would not, right? Prices fluctuate and some make money on the up and some on the down, everything has its time.

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