On Thu, Feb 26, 2009 at 9:07 PM, Blue wrote:

Today DOW had lower high@7402.31 but failed to stand above the strong resistance 7400...now 7182.08(-1.22%). From last Friday's low to today's high: BKX: 19.58 to 27.99; FAS: 3.92 to 6.58. The bounce of the financial sector might have finished. Right now I am holding cash only.

Some review for recent plays:

1. short: PRU once dropped to 17.09 on Feb.20 & 16.52 on Feb24, called(Shorted PRU@21.06 -Feb 19)// once down -19% within 2 trading days; MET once dropped to 19.43 on Feb.20 & 19.51 on Feb24, called (Another bearish-looking stock: MET now 23, target: 20.8~22 -Feb 19).// once down -16.5% within 2 trading days
   
2. FAS once reached 6.58 today, C once reached 2.95 yesterday & 2.83 today; HIG once reached 8.59 on Feb 24; called last Friday(Added FAS@4.7, C@1.92, HIG@6.7 for the weekend. Still have cash -Feb 20).//FAS once up +40% within 5 trading days; C once up +53.6% within 4 trading days; HIG once up +28.2% within 3 trading days. Yesterday back in HIG@7.1, it rose to 7.49 later...sold for fast bucks. Today it once rose to 7.83 & now 7.16(+2.41%).
   
3. PRU once reached 20.46 on Feb 24 & 21.45 today, called(Target: 19.08, 20, 21 //Re: Bot PRU@18.36 -Feb 24).//once up +16.8% within 4 trading days
   
4. EXM once reached 4.15 on Feb 24 & 4.1 today, called(Target: 4, 4.3 //Re: Bot EXM@3.58 -Feb 24).// once up +15.9% within same day
   
5. FWLT once reached 16.13 after called(bottom-fishing: FWLT@15.7, Target:16, 16.7 // tried small for falling knife -Feb 24).//sold for fast bucks.//met target within same day.
   
6. VLO once reached 21.04 yesterday & 20.98 today; FTO once reached 14.49 today & now14.01(+3.47%), called(1st selling targets: 20.8, 13.66 //Re: Bought VLO@20.1, FTO@13.2 -Feb 25).//They were once up +4.7%, +9.8% respectively since called yesterday