These daily swings up and down make it very hard to trade. This morning we had news of Microsoft purchasing Yahoo sent the futures higher and then got sold off after we got ISM numbers and JOb numbers which were ever weak. It is no doubt we are in the first leg of an recession.
Oh GOOGLE down to 517 that was some nice call on that short. Right now Google can easily see 425 on a push down if we get really bearish.
Friday, February 1, 2008
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