Tuesday, September 18, 2007

This is not good

I read today that it is options expiration this week so there may be a clear trend on Wed and Thurs but none on Fri.

Monday or Tuesday of next week should smooth out the information from this week following the Fed.

So I am still going to stay pat with my rolling index positions which are doing great.
There is no change to my other positions.

Lehman had a better than expected 3rd quarter which could be interpreted as positive and has, according to the premarket data. If Lehman can maintain this price surge than I think we are off to the races.

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