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A few moments ago I took a shot at a bounce on Lehman (LEH) on a bounce. I know I shouldn't be making trades, but then again, if it breaks down, I am out quickly.
Here are the details:
1,000 shares of LEH purchased at $34.274. I suspect the bounce won't hold, and I shoulda known better. Anyhow,
I'll keep you posted. LEH is dropping further as I write. $32.73. So....I think I am out if it breaks $32.00. Could be in five minutes :(.
O.K. I promise to stick to my rules next time. double-promise.