13 replies to this topic

[hiker]

TA thoughts will be much appreciated

I bought a chunk of CFC this week and am tempted to take it off the table in a manner that could be too early.

will $23.10 be tested before the new low is retested? the general range of my trade mind about it now.

Edited by hiker, 13 September 2007 - 01:15 PM.

[Jnavin]

Instant analysis: Tough going above 19.

[ogm]

Just put the stop in and let the bears do their magic

[A-ha]

iam short this one from 21... goin to 7

[hiker]

CFC has one of the largest size short positions (in no. of shares) of any stock on any US exchange.

[A-ha]

CFC has one of the largest size short positions (in no. of shares) of any stock on any US exchange.

and its gonna take more than $2B to squeeze them

Edited by A-ha, 13 September 2007 - 02:15 PM.

[ogm]

Maybe 7, but not today.

At this point its overshorted heavily. Who isn't short CFC ?

Also notice the higher low.

Edited by ogm, 13 September 2007 - 02:19 PM.

[hiker]

- Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co. said he eventually sees the federal funds rate “somewhere in the 3% category."

Edited by hiker, 13 September 2007 - 02:20 PM.

[A-ha]

- Bill Gross, manager of the world’s biggest bond fund at Pacific Investment Management Co. said he eventually sees the federal funds rate “somewhere in the 3% category."

if billy said it then you can now really bet that benny will not cut it next week...

Edited by A-ha, 13 September 2007 - 02:23 PM.

[Jnavin]

Lawyers charging by the hour.