Friday, July 31, 2009

Treasury and BAC......

Always remembered this post.


http://straittrades.blogspot.com/2008/09/short-mer.html



http://cbs2.com/national/bank.of.america.2.992650.html
http://washingtonindependent.com/49132/paulson-to-testify-on-bank-of-america-merrill-lynch-deal
http://www.nydailynews.com/money/2009/06/25/2009-06-25_federal_reserve_chairman_ben_bernanke_i_didnt_pressure_bank_of_america_to_buy_me.html

he sure as hell did. There's still info not being divulged.

Going back into options Monday.

Trading 2 IRA's and then a personal (small) option account. Won't triple it in 2 months this time, but it should be a much more consistent ride.

No bias this time either. Using trend-based strategy utilizing S&R and over-bought/over-sold indicators.

Fixed rules apply which I have to look back over my notes to find. :(