The market is up about 75 points as I'm writing this, yet financials continue to be, well, pretty shitty. I'm sure the up market today is not causing the financials to drop. They were in fact up quite a bit in the morning. I'm getting upset at the fact that I'm actually losing a slight amount in my financial puts even though they are all down right now, because they had been up in the morning and my options were getting killed. Financials look "cheap"
RIMM is up 3 bux, so I'm almost back even. It just needs to a huge run a la AAPL, but I guess there is only one G3 iphone coming out July 11th.
As for the start of the earnings season, AA looked really low this morning, but now it's already up quite a bit. Still I expect it go up another buck or so after earnings
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