I'm watching a series on mojo, wall street warriors. It's interesting to see the people the producers decided to profile; a few brokers, a few fund managers, a recent college grad. Makes for entertaining viewing and reminds me of why I got into this in the first place.
In other news, the Bear Stearns sale is complete, $10 a share to JP Morgan. JP Morgan get the Bear building which is said to be worth more than the company. The end of an era. Also oil has pulled back to $126 a barrel. Still hurts at the pump and it will for some time to come.
Looks like it very well could be Obama vs. McCain in November. Which one is going to be best for alternative investments? That is how I am voting.
Happy Friday.
DJIA 12,638.32
NASDAQ 2,522.66
SP500 1,400.38
Labels: commentary, hedge funds, humor, media, motivation, oil, politics, real estate