The Federal Reserve will allow Goldman Sachs and Morgan Stanley to become full-fledged banks, expanding their reach into the financial world. Will this boost their stock prices?
The Asian Stock Market rose with the U.S. short selling ban and the news of a bailout plan. Does this signal a surge in tomorrow's U.S. markets?
Sydney, Australia has jumped on the short selling bandwagon. U.S., U.K., Australia--who next? and will they outdo Pakistan?
I plan on selling into the open if there is a gap up. I'll buy back some of the positions before I take off for school. I also want to short certain stocks should there be a gap up. PCH @ 51+; RIMM @ 110+; HPQ @ 48/49+. At least, those are the few I have my sights on right now.
Good trading! Take care!
The above is not advice. It is merely a log of my plans, ideas, and executions. Make your own mistakes; do your own homework; take responsibility.
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