Monday, January 21, 2008

Market Update

Even the most cock eyed optimist would be running for the liquor cabinet if he or she is watching Bloomberg right now.

NIKKEI-( -4.5%)
DOW-- (- 4.5%)
HANG SENG (4.9%)
S&P ( -4.6%)
NAZZ (4.3%)

Uncle Ben needs to leave the mahogany grill room at the Princeton club and cut 75 BASIS POINT TODAY!!! What the hell go 100 basis points.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.