msaghi...@gmail.com

Thats a gamble. I could see citi surging after they announce 15
billion in write downs on Fri. 15 is less than 22 billion. THEREFORE
CREDIT CRISIS IS OVER will be the reasoning! But they will be wrong.
There is a lot of resistance at above 25 though, so I would suggest
selling then. Just watch the stock though. If everyone is surging, it
can break the 25 and god knows it can hit 27 or 30. If it gets that
high, then you would be crazy not to sell. The other scenario is that
it hits new 52 week lows. I think this is as likely because people
think that the stock price is magical and already "priced in" any kind
of write down. I read an article today that said if MER posts a BIGGER
than expected write down that is good news cause the crisis must be
over LOL!