12 Nov 2008

So now we are here in the S&P 840-850 range

after a gradual move down most of the day following Hank Paulsons change to TARP and the Best Buy downgrade. GS down to 65, GE down 10% to 16, C trading below 10 and GOOG breaking 300.


Trying to cover som equity shorts here playing the inverse H&S, but listen to this bullish gang on CNBC makes me want to stay away.


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