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Old 10-28-2008, 04:43 PM
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May short WMT

WMT sitting at the top of it's ten day range. An 11% move is just not WMT's style. I was hoping to tag $56 end of day but didn't quite get there. Gonna see if we get a gap up tomorrow or not.
Fed meets tomorrow also.
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Old 10-29-2008, 08:55 AM
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Join Date: May 2007
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Had another $56 short limit set this a.m. but didn't pop it. Did just what I expected though. Hope some took advantage.

Market is pricing in at LEAST 1/2 point cut and wanting closer to a full point. Anything less will likely tank it and wipe out a lot of yesterday's gains. I'm out of all positions for now.
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