The Russell 2k has traded higher 16 out of the last 18 trading days - pretty incredible - will tomorrow be 17/19 - seems totally possible but in my opinion unlikely - Im saying this even as Mondays have been the most powerful days of this bull run...Everybody is aware of the monday effect now so perhaps its time to mix it up a bit and have a dare I say down day??
I participated in buying some of the Bank America Tarp warrants last week - they seem like a really good deal to me, 13.3 strike with 10 years until expiration trading for about 8.5 per warrant vs 16.7 stock price - I like it.
I as a father of four and husband of a tech savvy woman have seen IPODs march in to this house as well as a MAC computer - AAPL products are awesome - but am I alone here in thinking the IPAD is a silly item?? I hope its a flop and the stock goes down so I can buy it - I think AAPL will continue to grow the IPHONE business and continue to take share in the PC market- so I hope the IPAD fails the stock gets clocked and then I can buy it.......
Anyway heres hoping for a profitable week that offers plenty of great trades.
JB
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