SOLD -386 ESLR @5.3515

[caption id="attachment_205" align="aligncenter" width="500" caption="ESLR"][ESLR][][/caption]

Sold all my ESLR for a small profit. News of Barclay picking up Lehman's mess means that ESLR's deal might not go to worst case scenario. Price of ESLR shot up 20%+. This seems like a good time to exit (sell on rumour). I expect some volatility around the \$4 - \$5 range as there are still a lot of guesswork going on regarding ESLR's deal with Lehman. However, the recent low of \$3.3 is likely to be a bottom. I'll wait for a better re-entry in the \$4.x range. Fee = \$5.79

[ESLR]: http://traderpau.files.wordpress.com/2008/09/2008-09-17-eslr.png