Friday, April 04, 2008

start of Q2

will this be the quarter? Things are looking good w/ tax season almost behind us. Given how rough the first quarter was, maybe sitting on the sidelines was a good thing. Had an interesting conversation with the prime broker who custodians at Goldman. Since GS was one of the few banks that actually made $$$ on the subprime credit mess, as custodian they look very strong, as opposed to other prime brokers like maybe Bear for example. BTIG does not have any type of exposure to the subprime sector so they are strong as their custodian.

Get it done.

Happy weekend.

DJIA 12,609.42

NASDAQ 2,370.98

SP500 1,370.40

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