Market Recap & No trades today
AT&T's DSL connections are still very slow. Quotes and charts on my screen feel like they are crawling, as a result I made no trades.
I'm moving on Saturday and my brother's graduation ceremony is on Friday morning. So unless my internet connection has improved dramatically by tomorrow morning, I will be taking the rest of the week off.
Take care & be careful out there. We have retail sales tomorrow & the CPI on Friday. In addition, if you are trading, be sure to keep quotes of LEH, MER, the XLF & the USO on your screens.
Speaking of LEH, it appears the real panic is starting to settle in. I noticed it had dropped almost ~2 points in the last 30 minutes of trading.
Will the Fed have to step in yet again? Will someone else?
I'm sure thats what a lot of people are hoping. Judging by the volume over the last few days, the offering LEH made @ $28 / share, and all the talking heads on CNBC trying to pump LEH up as a value below $30. Ok, how much below $30?
When did leh offer shares at 28.
A one stock trader could have retired on this one.
bl said... June 11, 2008 at 8:38 PM
Are you in the East Bay area? I am seeing the samn damn thing with my shitty ass dsl connection
PDT said... June 13, 2008 at 7:08 AM
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