VLO once reached 21.04 on Wedn. & 20.98 on Thurs.; FTO once reached 14.49 on Thurs & closed @14.01(+3.47%), called on Wednesday(1st selling targets: 20.8, 13.66 //Re: Bought VLO@20.1, FTO@13.2 -Feb 25)

//They were once up +4.7%, +9.8% respectively within 2 days.

MARKET SNAPSHOT: Market Analysts Find One Encouraging Trend In Housing...
EasyBourse.com - 15 minutes ago
By Kate Gibson A trade group's report of another monthly decline in existing home sales on Wednesday helped propel Wall Street lower, but the data also offer evidence of market forces in play that could speed up the nation's eventual economic recovery. Financials once again dictated direction ...

FAS once reached 5.7, C once reached 2.6 & HIG once reached 8.59 today, called last Friday

1. Added FAS@4.7, C@1.92, HIG@6.7 for the weekend. Still have cash -Feb 20.

A joke

Ralph and Edna were both patients in a mental hospital. One day while they were walking past the hospital swimming pool. Ralph suddenly jumped into the deep end.

He sank to the bottom of the pool and stayed there.

Edna promptly jumped in to save him. She swam to the bottom and pulled him out. When the Head Nurse Director became aware of Edna's heroic act she immediately ordered her to be discharged from the hospital, as she now considered her to be mentally stable.

When she went to tell Edna the news she said, 'Edna, I have good news and bad news. The good news is you're being discharged, since you were able to rationally respond to a crisis by jumping in and saving the life of the person you love. I have concluded that your act displays sound mindedness.

The bad news is, Ralph hung himself in the bathroom with his bathrobe belt right after you saved him. I am so sorry, but he's dead.'

Edna replied, 'He didn't hang himself, I put him there to dry. How soon can I go home?'

FAS once reached 5.43, C once reached 2.48 & HIG once reached 8.25 today, called last Friday

1. Added FAS@4.7, C@1.92, HIG@6.7 for the weekend. Still have cash -Feb 20.

Three picks of last Friday: C FAS HIG

called last Friday:

1. Added FAS@4.7, C@1.92, HIG@6.7 for the weekend. Still have cash -Feb 20

MET: shorted@23.3~23 yesterday, now 19.43

now dropping fast...

PRU,

dropped to 17.42 today, called yesterday:

1. Shorted PRU@21.06 -Feb 20

Obama speech on home mortgage crisis
Reuters - 40 minutes ago
"Today, as a result of declining home values, millions of families are "underwater," which means they owe more on their mortgages than their homes are worth.

NARA, reached 3.17 on Fri., called@2.54 on Thurs

NARA, reached 3.17 & closed@ 3.14(+19.85%) on Fri., once up +24.8% since called on Thurs:

1. bottom fishing: NARA@2.54 Target:2.7, 2.98 stop:2.2 -Feb 12

US Jobless-Benefit Rolls Increase to 4.81 Million
Bloomberg - 44 minutes ago
By Timothy R. Homan Feb. 12 (Bloomberg) -- The number of Americans collecting unemployment benefits rose for a fourth straight week, reaching a record, as companies accelerated firings.

FTO reached 16.84 today, called@13.86 last Tues

FTO reached 16.84 today, called last Tuesday

1. Bought back some: FTO@13.86 today, target:14, 15 -Feb 3

//once up +21.5% within 6 trading days.

China monthly auto sales overtake US for 1st time- AP

WYNN now 31.17(+4.5%), called@26.08 last Thurs

once up +19.5% since called last Thursday:

1. Added more@26.08, target:27, 27.8, 28.6, stop:25.5//Re: Bottom ... -Feb 5

HBAN reached 3.05 today, called @1.61 last Thurs

1. HBAN reached 3.05 today & now 2.95(+24.15%), called(Risky penny play: HBAN@1.61 selling target:1.92, 2.3 stop:1.5 -Feb 5)

//once up +89.4% within 3 trading days.

HBAN reached 2.54 today, called @1.61 yesterday

HBAN reached 2.54 today & now 2.36(+31.84%), called(Risky penny play: HBAN@1.61 selling target:1.92, 2.3 stop:1.5 -Feb 5)

//once up +57.8% within 2 trading days.

BUCY reached 18.11 today, called@15.3 yesterday

once up +18.4% since my call yesterday:

1. Back to BUCY@15.3, target remains //Re: target:16.3, 17, 17.45 ... -Feb 5

DOW bounced & material sector is the leader

Stock Markets Shrug Off Economic Data and Financial Sector Worries
CEP News - 5 minutes ago
(CEP News) - Equity markets in the United States and Canada opened to the downside on fears of bank insolvency and a slowing economy Thursday, but those concerns were later brushed aside with stocks rebounding in a midday rally. "Equity markets continue to show a lot of resilience in the face of ...