Bill Wexler's Trading Cabana Message Board

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Non-Tech : Bill Wexler's Trading Cabana

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To: Bill Wexler who wrote (1118)	5/22/2006 8:34:29 PM
From: RockyBalboa	Read Replies (1) of 6370

Perfect Storm today... the ATX lost nearly 8% in one session and no bounce. Traders reported no real bids and selling accross the board. That action today put the index from +12% back into the red for this year. Amazing. Hairdressers and taxi divers continue to talk crude, the vast amount of money to be made somewhere out in eastern Europe, and metal coins (the central bank just issued a wonderful bi-metal 50 Euro coin for collectors) while Analysts insist that nothing fundamental has changed except that some index stocks lost up to 20% today. In that, and even today, analysts are actually right.

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