GS
Started by
risktaker
, Aug 30 2007 12:51 PM
4 replies to this topic
#1
risktaker
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Posted 30 August 2007 - 12:51 PM
Looks like GS is about to breakout either way
#2
Cirrus
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Posted 30 August 2007 - 01:07 PM
I'm using C, JPM and GS to play the financials from the long side...the XLF from the short side.
My guess is GS makes a large move tomorrow. I'm leaning to an up move but I'm prepared for a move in either direction.
#3
risktaker
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Posted 30 August 2007 - 01:30 PM
Nice play! I am leaning down, but will be out in a heartbeat if it goes above 175.
#4
risktaker
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Posted 31 August 2007 - 08:29 PM
Good call Cirrus! I was looking for trades to hedge my bets if Bernanke still "knows nothing". I was wrong and out at 175.
#5
kaiser soze
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Posted 31 August 2007 - 10:03 PM
Definitely good call.
Still bearish on GS but waiting for an opportune time to reload puts. After all, timing is everything.
