"I could stand any insurance seminar, for days, and they'd say how do you do it? and I'd say cuz Ive been with Dell Griffith" Neil Page (Planes Trains and automobiles) Thats what todays trading session was......a Dell Griffith, a grinding, drive you nuts, totally irritating kinda day.
The SPUZ were lower by about .25% or so, as if to validate yesterday's meltup on no volume. The snazdaq fared a tad worse but just a tad...
HOV vs HOVNP performed quite well today, I spent the day selling a tiny piece of my posistion in there and buying some more strangles (puts and calls) in CMG and JPM.
In darkmatterish news CIT, a troubled finance company, rallied nearaly 32%, there was some chatter that Paulson (of mortgage betting greatness) was going to arrange a merger between CIT and Indymac (how much did Indymac take the FDIC for?).
After the Close NKE is rallying a couple bucks and Darden dropping a couple bucks...
So what will tomorrow the end of the qtr and end of the month bring? Most likely nothing with odds favoring an upside bias as fund managers commit acts of rico.
Have a great night
JB
I'd rather watch that movie than the big lebowski.
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