I will be hedging tomorrow big time if I like what I see. I would like to see if the big banks roll over and die tomorrow that would give a false flag short, or it may be the real deal for another 10-20% shit kicking. My guess is we get a +500 DOW tomorrow to keep things consistent with the Fed's mandate and the CME's "orderly" market conduct. (add sarc)
Wouldn't mind a little rally here in the bank stocks so I can pick up more PUTS at lower premiums, especially on MS, C, AIG, and BAC. In the last 10 minutes of trading I saw some buying coming in on the SPY's, not sure if those were shorts covered for major profits or if new longs were initiated.
Nothing has changed since 2008. Those same tickers above are the same tickers I hammered short until my account was maxed out everyday (with the exception of Lehman and Bear which went to zero). And I'm sure shortly we will be at it again.
I had some wild dream number that Morgan Stanley will be $9 soon, not too sure where it hit me, but it might be a sign of whats to some.
It will be up to Europe tonight to see where we go tomorrow. If more rumors of banks being insolvent, this will get bad for longs (especially the fucktwits who bought the 'bottom' last week).
Those thinking that silver wont be tested with a swift, quick, and painless pillage are mistaken. Received a text today about an 11:00 am raid tomorrow. Keep your eyes open and shit in order and especially the Friday before Comex expiry is usually a doosy.
Lastly, if anyone can possibly fucking explain how SVM can be down over 5% today, please enlighten me with your magical economical and theoretical diarrhea. I feel like being fucking amused tonight.