Recent content by JLB

I do agree with you that the market does seem shaky and looking for any reason to sell off. The last 45 min and the after market selling seemed to me to be an effort to reduce overnight risk on long stock positions by hedging them with short positions in SP 500, Nasdaq 100, and Russell 2000...

Jorge you may have been right. Birinyi Associates points to a Bloomberg story at 1:43pm implying Human to Human Bird Flu transmission in indonesia as the source of the selloff. Birinyi provides statistical research to many hedge funds.

When the bird-flu headline flashed on Bloomberg the sell programs did go into overdrive. Drudge picked it up and used it to headline his site. If Tokyo and Hong Kong open abnormally down then I think Jorge's explanation is the correct one.

All indexes still have an 8 minute gap between 12:32 - 12:40 EST. Jay will the missing data be restored ? JLB