No charts tonight as I think I will let tomorrow unfold before trying to get into this market.
Here is what I posted in the other blog.
The upcoming week had enough catalysts to shake the markets up, but now we have two HUGE news items on a Sunday night. First, JP Morgan has agreed to buy Bear Sterns for a freaking incredible $2 a share. I couldn't believe it when I saw it. How does a stock go from $150's to $2 in half a year with no criminal activity? There are so many different ways to go.... Read the rest at downtowntrader.com.
Good Luck out there,
Joey
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