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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: Bill Wexler who wrote (1118)5/19/2006 11:05:25 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
Perhaps people put some money on the table when the giant Mastercard IPO comes out next week. I'll be a buyer here.

PNSN Penson, the clearer for daytrading firms like MB Trading is not doing that badly, so far.



To: Bill Wexler who wrote (1118)5/22/2006 8:34:29 PM
From: RockyBalboa  Read Replies (1) | Respond to 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.