SPUZ down $12 on the latest unemployment figures which you guessed it showed zero improvement....I should note that GS missed there job loss number by 13k this time - they dont want to look as if Beeks gave it to them like last month.
I am hearing from other traders that the market could move significantly off of the olympic announcement - why? Im not sure. Unite Airlines prices a 19 million share secondary last night at 7.24 - the stock was down over 20% yesterday - Im going to buy some stock and sell calls - yes Im going to create a LONG position - see I can play both sides...
looking ugly early - covering a few things
JB
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