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Originally Posted by GPang
yea. i've been shorting MER a lot.
Financials are all pretty much short stocks now.
A group would be nice with a few traders of each kind to help each other with news, markets and trading strategies.
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Wachovia missed earnings today by a mile, but i don't get where on earth the street was expecting them to make money...? I think the street wanted to see gains of .42 cents or something...where the hell did they even think that they were going to report positive earnings? I understand that this is their first quarter that they have lost, but give me a break...no one can perform in these conditions.
-Sean