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Short Attack: Lehman Dead Duck
Posted by Stock Online Trader on September 11, 2008 in Finance Sector, Short Selling
Major U.S. stock indexes turned higher in afternoon trading Thursday afternoon, in an excessively volatile session focused on Lehman Brothers (LEH) fight for survival, and trader attacks on Merrill Lynch (MER) and Washington Mutual (WM). Indexes turned higher amid market buzz that troubled investment bank Lehman, which is fighting for survival, is looking for a [...]
Winning Streak Continues With Google Being Latest
Posted by Stock Online Trader on September 11, 2008 in Technical Analysis, Technology Sector
Yesterday i bought Google at 414$ for a quick upward bounce. I was hoping to sell it around 440$ level with time frame of 3-4 days. However Google made a 20$ jump today closing at 433.75$. I decided to take profits. Nothing wrong in bagging 4% profit in 1 day. I sold off before my [...]