Posts Tagged ‘mer’


Posted by StockRake on September 14, 2008 in Financials, Market Comments, Stock Comments

Futures Don’t Look So Hot, Happy To Be Short

It looks like the futures are showing a bad day tomorrow at least for the open. I’m never excited if I’m short, to see the futures down this hard. As I write, Dow futures -286, NDX futures -40, and SPX futures down -35. Like I said, all last week, “Short the strength.” I’m currently heavily …

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Posted by StockRake on July 28, 2008 in Leveraged ETFs, Leveraged Funds, Market Comments, Trades

A Very Nice Day

Nailed 4% and 4.6% on my NDX and RUT positions, plus an additional 3.4%ish from the morning trade window over at Rydex – A very nice trade today. I also managed to buy TWM and QID this morning and took my gains in those ETF’s this afternoon a little early. Both TWM and QID did …

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Posted by StockRake on March 17, 2008 in Market Comments

Historic Day Bear Stearns Taken Out For $2

BSC gets taken out for $2 a share today by JP Morgan and the Fed takes on the debt. LEH and MER down hard premarket, while JPM up 1% because they are benefitting from this deal. The Fed also cut the emergency lending rate to 3.25% and opened up the window to Investment banks as …

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