hungry_hippo

GM Forming Another Pennant?

NYSE:GM   GENERAL MOTORS CO
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Played GM calls for the gap close today, but I'm guessing this forms another pennant then drops like it did last Feb. Who really expects autos to do well when everyone's calling for a recession?

Buying puts if it throws a reversal pattern Friday or Monday. Guessing the computerz will jack the futures up tonight after losing money today. You know it's a short squeeze when crap like MNK goes up.

SPY target is $256 so it'll take a couple of days to get there.
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