Monday, July 21, 2008

Tech, Tech, Tech.... Earnings KABOOOOMs!

The BIG TECH blow up!!! .... how could we have been so right on the "idea" and so wrong on the "trade"??? 

AAPL down 10% 

TXN  down 11.5% 

SNDK down 12.9%

GOOG, MSFT, EBAY all shit the bed after reporting earnings

 .... while the one we bet heavy against seems "topless" and hits a new 52 week high!!!??!!!! 

p.s.  cheers to TraderTom, calling for SHORT on OSTK .... down 40%+ since his comment.  nice call Tom. 

p.s.s.  HK up 4.94% , AGU up 6.56% , and RIO up 2.54% 


BUY ON THE DIP said...

our IBM july puts expired worthless, lost a ton of cash.

we were very wrong. sorry folks

FUCK IBM , we still own puts for August.

BUY ON THE DIP said...


was that you?


Anonymous said...

Love Keeley.

Anyway... so what are the next Techs up to report shatty earnings??

Anonymous said...

also short BIDU. and AMZN.

oil inventory report Wed at 10:35am. Fed Beige Book Wed at 2pm. Oil likely down.