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March 2nd, 2009 at 9:43 am
Waiting/RMM – Yes, very wise. So many possibilities with so much time left. C is, in fact, up 2% (which is only 4 cents!), BAC is a mess, USB is holding up, UYG is off 5% but, as I said, XLF is holding up well considering they were at 6.85 just 2 weeks ago and the world didn’t end then either.
X is finding buyers. HBC, YUM, COST, EOG, HOV, JOSB, SHLD, IBM, ANF, JWN, ZION, KEY, STT. DELL (???), RIG, VZ, CY, M, INTC, AAPL, XOM, GS… oh hell, it’s a big list – I’m covering the puts with DIA $72 puts at 4.05 with a stop at $4.25 or if S&P breaks below 720 (even a smidge).