Volatility of this stock sucks,,,
Japan crashed over night,, Nikkei - 219,, Hang Seng - 283,,
Yen 8 year low of 147.43, expect 150 by Friday,, there is a talk of China devaluation.. Europe is now getting worried about Asian impact..
GCTY ipo is being talked about in Europe,, as a last stand for net ipos,,if it fails to rally ,,they are saying ,, that it will shut down the whole ipo market for rest of the year,,
No US support in yen,, like in June,,, BOC fires 5,000 jobs globally ,, talk of Paine Webber getting taken over by Dresdner Bank ,, for 8 - 9 billion,, with Alliance..
Should be an interesting week,,
Will report on RNTK ,, soon,, after a talk with ceo and Denver MMs,,this Friday,, coming back to New York,, tomorrow..
I've gone all cash except RNTK. |
