Bear Zone Lee AM
284 replies to this topic
Posted 10 July 2003 - 03:24 PM
There is a time, churn, churn, churn...
"Calista Flockhart's top is not near as significant as Maria's bottom."
--"Zapata" George Blake 8/5/2003
Posted 10 July 2003 - 03:26 PM
REUTERS UBS to close CBOE, AMEX floor brokerage operations [CWTDVMC]
NEW YORK, July 10 (Reuters) - UBS AG
Thursday it will close its floor brokerage operations on the
Chicago Board of Options Exchange and the American Stock
Exchange, following a step taken recently by several brokers.
The Swiss bank said the move came in response to "changes
in the structure of the listed options market," according to
UBS spokeswoman Amy Rosenberg.
An internal memo on the subject said 15 staffers will be
laid off as a result of the change, but that UBS will continue
to provide listed options trades to institutional and wealth
Posted 10 July 2003 - 03:27 PM
covered some spy shorts 98.95 for the inevitable cover rally into close. Watching closely though.
Posted 10 July 2003 - 03:34 PM
I guess I'm not thinking in terms any shorter than this winter. Greenspan is right, there is a problem coming this winter unless the weather is unusually mild. There just won't be ample stores available to meet the typical demand. So I agree this might not be the best time to go long, but IMO it's not a great short either, except maybe very short term. Sorry for the conflicting time frames.
Posted 10 July 2003 - 03:46 PM
covered my yhoo short, (made enough for a 4 star dinner with the wife) pig will at lease make an attempt to close the gap - reshort then
"In order to form an immaculate member of a flock of sheep one must, above all, be a sheep."
"We can't solve problems by using the same kind of thinking we used when we created them."
Posted 10 July 2003 - 03:52 PM
there's a bounce...I guess you can call it one
They're gonna be weak, short lived and few. Start legging.
Posted 10 July 2003 - 03:57 PM
Dumped all spec longs for small profit overall. Added more GSS, RANGY and some (profitable) foreign wireless telcos.
I won't be buying the dips anymore until October.
Posted 10 July 2003 - 04:01 PM
from other ids.QUOTE (coboy @ Jul 10 2003, 03:45 PM)
QUOTE (PDoody @ Jul 10 2003, 02:42 PM)
Does intc eport today? They're among the best spinners. If they pop it I will short it.
INTC reports on July 15..
Funny institutions have been selling INTC.. Yahoo shows 3.85 million shares sold in the latest quarter by insts..
I've had a small initial short position on yhoo thanks to a newsletter rec.( against better judgment from technicals). Was way in hole yesterday getting fed up and today presto- in the money. should have been adding when I was puking. Scam week will surely fill the gap.
Posted 10 July 2003 - 04:32 PM
Not even con queso, guacamole, or salsa?
Posted 10 July 2003 - 04:52 PM
(posted in wrong forum)
"GOLD -- it's not just for misers anymore."
"Dollahs -- fire-starters for the K-wave winter." - Drano
"Three humps and a dump." - anotherone, 21 SEP 2004
"No gold was harmed in the making of this movie." - Bizarro Greenspan
[i]"Da Track. Da place where Morons bet on Animals Controlled by Criminals." - our jickiss
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