Options Expiration and Happy Friday

Posted by UpsideTrader
on April 17th, 2009

Citi beat earnings, wow. Get me on the bid for a million shares. Money is being made hand over fist by some banks as they have been trading the AIG toxicity. That party ends soon and they will have to go back to actually—lending money? Let me know how that works out for you. Yes I’m always the cynic, and although I have had some luck being long the last month, especially in some financials, they are getting dreadfully over bought.

Throw out the playbook though with this animal, because it is not our father’s stock market. All this debt and spending will come back to crush us in the end, but I’m enjoying the party for now. I’ve been taking names of my favorite pundits this time around. Have a profitable day.

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