year-end wrap-up

quickly,
-out of town
-shortened trading week
-1 trading day left in the year
-international worries spill over to domestic markets
-oil takes another charge at $100/barrel
-ready to launch

Happy new year...

DJIA 13,365.87

NASDAQ 2,674.46

SP500 1,478.49

holiday cheer

finishing off the last full week of the year on a high note as the markets rallied all the way into the close.

Next week is holiday-shortened. Gotta market market market.

Happy Friday.

DJIA 13,450.65

NASDAQ 2,691.99

SP500 1,484.46

OMS and real-time P&L

had a conference call this week with the IT guys and I got my OMS up and running on the desk-top and also the software for the real-time P&L once I have the data feed coming in. Got to contact e-signal and get that ready to go.

The fed cut 25bps and the markets pretty much sold off the rest of the week, closing on their lows for the week. 'Nuf said.

Happy weekend.

Fed cuts 25 bps

the federal reserve just cut its discount rate by 25 basis points. Of course, the markets had already built in the 1/4 point cut and were hoping for the 1/2 point cut. It didn't happen and the markets sold off hard immediately after the announcement. Great example of buy the rumor, sell the news.

closer

accounts are open, docs are done...now its time to go out and get the dollars.

Happy Friday.

DJIA 13,625.58

NASDAQ 2,706.16

SP500 1,504.66