Looks like the nasdaq is having quote problems. I would bet this is related to putting off the decimal pricing until next year..they clip off a whole lot o' money on these multi-billion share days...with the fractional pricing model..
The markets are in what is called a VAR vacuum, and VAR means value at risk, a banking type term. In simple terms, there is no true value to use as a base, because we have gone so far so fast, so no one really knows what is value and what is at risk, so we are blowin' in the wind now..indexes could go either way from here, fast or slow....the next 3 FED meetings are all important, as I alluded to yesterday..
But the Rats look sweet<G>
micro-floaters have no problem with VAR, Imo....as we have been able to make a lot of money, so I am sticking with what I know...
See you all Thursday,,,, |
