Couple of shorts today

[Goods]

Sold short LEH @ 22.13 because financials are just ugly and LEH is on thin ice. The market pumped financials early this morning and dropped em hard. LEH had a restriction slapped on them concerning oil trading. It dropped nicely today closing around 20.50 and I'll likely take gains tomorrow. Hopefully with more weakness.

Also shorted CCO at the end of the day @ 15.43. Miserable chart and it was dropping all day even while the market was trying to rally. I would expect plenty more downside but the market itself is oversold imo and probably ready for a nice bull day soon. So I'm keeping a tight trailing stop.

And lastly, check out YHOO. I daytraded it today with news of renewed MSFT talks, board oustings, etc. It's a frickin soap opera. I grabbed some premarket @ 21.82 and it spooked me out around 10:30 when it started to dip, stopping at 23.11 for a decent gain but there's more potential as news unfolds. MSFT may make another offer because YHOO's board is feeling more pressure now. Who knows? Just fun to trade when it goes right.

[Goods]

Took profits on LEH covering @ 20.75 average for + 1.38 gain.

Got trail stopped out of CCO for +.29 gain. Could've set that one better for sure. Have to look back at it later.