If the SPUZ had opened down 10 points they would have clawed back to unchanged by now - but when they open up 10 they just sit there - no fear shown by any longs about locking in gains this morning.
Initial jobless claims came in worse than expected - yawn who cares. Who needs a job when your stocks keep flying higher everyday? Anyway luckily yesterday I pared a bit of my GOOG short exposure - unfortunately not all its up HUGE today ($12 and change).
Im feeling pretty rattled this morning the bid to the market is just nuts - nuts. Losing gobs of money right now. Oh well - deep breath.
JB
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