Here’s IM conversation, and two trains of thought, on this week’s market direction......
aloksha: its so resillient
holobots4: oh yeah i heard its 70 / 30 market finishes higher this week, or some such

aloksha: wow who is saying that
holobots4: triple options expire
holobots4: on fri
holobots4: so 12 of last 16
holobots4: week is up
holobots4: +LEH reports tomorrow
holobots4: and retail report tues on fire
holobots4: and wed and thurs
aloksha: and then options expiration on fri
holobots4: inflation reports ....stayed the same from last month
aloksha: that is what i'm waiting for
holobots4: so you really have the odds against you if you are a bull
holobots4: i mean bear
aloksha: the problem is with the bond mkt not the other reports
aloksha: now that rates are creeping higher
aloksha: if we see any even slight inflationary reports
holobots4: the problem is not the bond market today
holobots4: thats very very very old news now


aloksha: the fed will have a stronger case to raise rates
holobots4: maybe 2008
holobots4: if housing boom comes back
aloksha: lol thats not happening
aloksha: housing is dead

SPG hit my target of 99 = 80/20

http://resourcexinvestor.com/news.php?id=1573 they changed the rules on nickel trading and nickel prices collapsed SPG, ok im in at 99.6 (jul95c =7.10, gets to $15++, if im right. )....
TSL, has me bemused....3 for 2 stock split...that’s what i think the extra float translates to....so there is a glass ceiling at $45. Short at $45 and buy at 37?..39..41..
NUE ...Q@ profit warning, so that delayed my enty into TIE by one day....
SPG, (reit)...i have 98.2, won’t happen , and yet, SPG might test yearly low at 95...so i have to pick one...98ish or 95...JULY 95 call and if im wrong at 98 ish at least i can get my money back...
zee