3/4/09
As I expected, market indeed got its technical rebound today. It formed morning star reversal patten but not in perfect form. The market give up 100 points on last half hour trading before it closed 6875 for Dow. Another disappointed to confirm if today is reversal that GE had dipped below $6 as well as most financial stocks are lack of bullish action today. With some big player bet 52,000 contracts June puts option $2.5@$.30 cost for GE, it indicates either those player expect GE will going bankrupt or they are hedging some other positions?!
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