Posts tagged leh

Break over, its time to assault the market

I decided to stay out of the market for the past two days, I just didnt have the time to spend the normal amount of attention to the market that i wanted, and on top of that, have you seen the market?

Sometimes the best trading move you can make is to not trade at all.

However, it is now time to get back in. It is my belief that the market is going to be going up for the next few days, and I intend to take advantage of this

Stocks that I’m going to try be diving into before Friday are:

  • (GOOG) – reasoning will be located (here)
  • (LEH)- Call it suicide, it probably is
  • (CROX)- Because of great information from TheCodyReport
  • (SSO)- I believe the S&P will be up 3%+ more by the end of the week, transferring to a 6% gain
  • (CC)- It is my belief there will be a news item on CC within the week

Number 1 threat to the market this week: Bears

Lehman (LEH) is UNDERVALUED

The entire speculation on Lehman is based on share price dropping due to the fact that Lehman may be issuing 5b in new shares, the problem with this is if you base this on its share price one month ago, the price should be 37. I will explain it when this crazy market today closes.

Why Yahoo Will be a great buy tommrow.

Ok, SO I DO NOT RECCOMEND BUYING AT THE OPEN. I wanted to make that clear.

However, if you want to grab yahoo, there may be some oppourtunity to buy the weakness when the stock hits levels below 19.

My Lehman trade

My Lehman brothers trade was made on the reasoning that Lehman wouldnt go bankrupt, this was based on sound research I did, and a bottom that was evidenced earlier in the day

Yahoo will be in the same sort of situation that LEH was in back this year when i made an 80%+ profit.

Your yahoo trade

If you see yahoo go below its lows, it is most likely from all of the selling action, and with the likelyhood of price recovery being quite high when the shorts start to cover, you may want to pic a percentage and buy, then you can thank msft