Thursday, November 29, 2007

 

Bernanke Hints of Further Rate Cuts

Bernanke seems to be hell bent on kicking the bears in the nuts. Tomorrow could be a strong day. We'll have to see how DELL's earnings affect the day's proceedings.
Today's day is what the markets needed, a long deserved rest. We're so used to 3 digit moves these days, that today might have seemed like a boring day to most. It's still very volatile out there, so be careful.

Comments:
great call on SHLD! i'm getting smoked here lately. i couldn't trade the beginning of the week and ended up forcing a bunch of crap the past 2 days that took a good chunk out of my account. idiot.

long IRM, WXS

short FAF, BA

j.M
 
Thanks!

Good luck on your positions.
Aj.
 
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