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Stock Picks Bob's Advice

Monday, 17 March 2008

Lehman Bros (LEH) "Trading Transparency"

Quick post. Dumb move on Lehman (LEH). WHAT was I thinking?

Anyhow, I undid that trade, settled down, and am back to my usual trading rules. The market handed me a loss as quickly as I ever have seen. That was a head-fake with a rally, and now the bear came roaring back loud as ever.

Trade: Sold 1,000 shares of LEH at $31.411.

I shall keep you posted.

Just about every time I try something like this, I learn a lesson. OUCH.

Shows you why I still blog. Why I am accountable to all of you. And I am sorry if I disappointed anyone with that trade. I am human after all. It just looked too good to be true. And it was.

More later.

Yours in investing.

Bob

Posted by bobsadviceforstocks at 10:25 AM CDT | Post Comment | View Comments (2) | Permalink

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Monday, 17 March 2008 - 10:49 AM CDT

Name: "Ben"
Home Page: http://www.dukebasketballreport.com

Follow your rules! Did you book a ticket to Austin?

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Tuesday, 18 March 2008 - 10:45 AM CDT

Name: "Codemaxta"

LEH @ $43 on Tuesday.... you believe in yourself.. :(

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