The market closed pretty close to the lows - sweet. We are in for an IPO tonight and we passed on a secondary offering in TRW, I see a handful of deals being announced, one deal is a 900 million dollar REIT offering, I went in for some of it, ticker is BPO, we are also in for an IPO in EM.
Im comfortable going in for these offerings because Im overall quite short the market right now.
If the 988 level on the S&P should fall 950 should come quick...
have a good night and go Cubs
JB
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