Tug Of War

The morning squeeze appears over for now. The financials flexed a bit but as I thought, pulled in. I caught UYG and BAC for two great shorts and I am trying my best this morning to twitter my moves. I am using any rallies in the financials to short. These companies are a mess and don’t even have a valid revenue model absent their sub prime products. This could end badly today as the market looks very heavy to me. Tight stops always.