I had a great day, ANDE dropped nicely (8.33%), HOV and HOVNP rocked, I made some great daytrades in SPG and AIG, today went the way its supposed to go. We are in for 4 secondary offerings tonight - I have a feeling the phone might ring a few more times before I leave. Im waiting for earnings in PSA (public storage) I have a position in there arbitraging common and preferred shares.
The market is being very stubborn about giving up any of these gains - Im really not sure why - I guess there is a tremendous fear of missing what are considered to be shoein future gains. Remember zig when they zag.
Im very interested to see what this nonfarm payrolls number comes in at tomorrow considering that GS has been talking with Beeks. I hope today was the beginning of a nice roll for me. Maybe going out with the wife and kids (or at least two of em) last night to Great America was just what the Dr ordered.
Have a good evening
PS. Since I started writing two more secondary offerings have been shown to me..
JB
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awww... glad you guys had a good day.
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