Monday, August 25, 2008

Alert : WFC HBC

The market is down, big, which means that the plungers are meeting as we speak, he skipped lunch, and unless the market turns around they will skip dinner. Let's hope they go hungry, but just in case move all the stops down.

  • We sold short 25 shares of Wells Fargo at $30.29, and another 25 shares at $29.59. Move all stops for Wells Fargo down to $29.92.

  • We also sold short 25 shares of HBC at $82.67 move the stop down to $78.10.

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