hiccup

Big day this week, biggest gain in the Dow in a very long time. The pundits are calling it a dead cat bounce and they could very well be right. Missed a day and a half to illness this week...for some reason the markets went on without me.

Happy Friday.

DJIA 13,371.72

NASDAQ 2,660.96

SP500 1,481.14

turkey-shortened week

the markets were closed yesterday and open a half day today. Of course we rallied into the weekend. I guess Black Friday means better things to people than Black Monday. I wonder how Cyber Monday will shape up?

Got the docs and letters in the mail on Wednedsay to the TPA, the CPA & the prime broker. Moving forward.

Happy Friday.

DJIA 12,980.88

NASDAQ 2,596.60

SP500 1,440.70

churning and burning

Another volatile week in the markets. After a few ups and downs, we are pretty close to where we were at the end of last week.

Update:
tpa - selected and engaged
a&t - selected and engaged
pb - selected and engaged
ib -selected and engaged

Docs to be pdf'd this week and then begins the distribution and marketing phase asap.

What else?

-look like the tax ruling on carried interest will be put off until next year at the earliest.
-ex goldman leader and current nyse leader Thain gets pegged to run Merrill....good luck.
-amaranth is back in the spotlight with a lawsuit against their former clearing broker.
-another HF goes public and the fade is already on
-yet another new study confirms small HFs outperform larger HFs

Short week next week with the upcoming holiday on Thursday.

Happy weekend.

DJIA 13,176.79

NASDAQ 2,637.24

SP500 1,458.74

turn out the lights, the party's over?

so earnings are coming out and they don't look all that good. The housing market is falling apart, commodity prices are skyrocketing, oil is knocking on the $100/barrel mark, and even the tech sector is noting a slow-down in their pipeline.

What to make of it all? Techs got hit pretty hard this week. The volatility in the financial sector is nearly off the charts and even though inflation is a legitimate near-term concern with energy prices rising, the Fed has stated that is is through lowering rates for now.

Happy Friday.

DJIA 13,042.74

NASDAQ 2,627.94

SP500 1,453.70

making choices

Settled on a new three for TPA/A&T/PB, good to get that straightened out. On with the build-up.

Happy Friday.

DJIA 13,595.10

NASDAQ 2,810.38

SP500 1,509.65