Answers I Really Wanna Know: Turnaround Tuesday?
By Marcus Laun Aug 12, 2008 8:50 am
Are traders expecting the counter-trend today?
- Hey, why the wrong face?
- Is the "double whammy" Turnaround Tuesday set-up too easy?
- Or was that Easy?
- Do we need to trickle closer to crude $110 and S&P 1330-1350 before a defined risk action plan is triggered?
- Will you have a trading playbook in place when it arrives?
- For instance, wouldn't Continental (CAL) puts into $20ish make sense?
- How about USO calls (into $88ish) or peripheral energy plays such as Transocean (RIG) and Weatherford (WFT)?
- Perhaps some downside exposure in the financials in front of the inevitable secondary offerings?
- Such as American Express (AXP) into resistance at $40?
- Or short-side retail therapy after the recent snazzy rally?
- Wouldn't it be beneficial to have some of the top traders in the world sharing their ideas and insight with you all trading day long? 14 Day FREE Trial to Buzz & Banter
- Given Mr. T has captured 12% in less than two weeks, will the husky fella get off the yellow metal so gold can enjoy a one-day wonder?
- Is playing the commodity Snapper smart if the dollar has put in a meaningful low (as I suspect it has)?
- Or is that what we do?
- Is painting the US as the best house in a bad neighborhood inconsistent with the notion of globalization?
- Has Wall Street entered The State of the Art?
- Can somebody say "lawsuit"?
- If the economy is the single biggest issue in the upcoming election, shouldn't both candidates be careful for what they wish?
- Fortress Investment Group (FIG) is paying one of their senior peeps $400,000,000 worth of stock, effectively diluting existing shareholders?
- Who would have thunk it?
- Do you see Baidu (BIDU) filling the gap that we discussed on Friday?
- Have you read Professor Sedacca's three-part series on the tale of two markets and what it means for stocks?
- Can anyone else feel societal acrimony percolating at a quickened pace?
- WELL DO YOU?!?!
- How many more tricks does Hank have up his sleeve?
- Will the rest of us have a shirt by the time he retires?
- If humans have pet names, shouldn't pets have human names?
Position in USO, AXP, GLD, RIG, WFT
Get The Minyanville
Daily Recap Newsletter
Daily Recap Newsletter