I’ve closed my
FXP(35.81 -0.34),
SDS(32.00 -0.67), and
SRS(21.21 -0.55) positions. I’ve opened an
SSO(36.76 +0.76) call position for January as well.
As expected, it appears that President Bush is going to tap the TARP money to bailout the auto industry. I’ve taken advantage of the low open this morning and scalped a bit of profit. [...]
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