So I have almost completed my first full day in Little Rock, Arkansas. So far, it has been pretty good. I got a hotel room for $41 per night (nice budget hotel with a full kitchen). Studio Plus. Pretty pleased. Although the up channel button on the remote doesn’t work too well. Bah.
This afternoon I [...]
Filed under: Travel | Leave a Comment »
How is it that when something bad happens here, the rest of the world freaks out and sells off. Then, when our market opens, we trade sideways??? Are we “decoupling” from the rest of the world? I think not. Could it be the quant funds who have fancy computer software that have no idea what [...]
Filed under: The Market | Tagged: banks, Brokers, BSC, decoupling, Fed, JPM | Leave a Comment »
On Friday, I finally found my entry point for UNG and decided to buy. I have a cost basis of $48.60. As I told my sister on Sunday, I was hoping for a pull-back so I could put on the rest of my position. At $42 a share, I would buy more. This morning, natural gas [...]
Filed under: Stocks | Tagged: energy, futures, natural gas, Oil, ung | Leave a Comment »
Last night about 9:30 pm, I arrived in Little Rock, AR. I unpacked my car for my 2-night stay here, turned on the tv, and couldn’t believe my eyes as news of the Bear Stearns $2 bid crossed the headlines. All of the markets were reeling from this. I barely slept a wink.
Now, it is 1:32 [...]
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You had to be in on Thursday to profit from the slide in BSC. Well, that’s technically not true. Unfortunately, I was ill on Friday, and I watched the action from the sofa at my sister’s place. I watched as word came that JP Morgan (JPM) was providing BSC with liquidity via a Fed backstop. Right [...]
Filed under: The Market | Tagged: bear market takeover, blood, BSC, CNBC, GS, JPM, takeunder, WM | Leave a Comment »
