Its about 980 million and we will probably close under 2 billion shares. Its been 2 months since we traded uner 2b.
8.7 billions shares traded yesterday.
I think the people that wanted to get out have, for the time being.
For some reason I talked myself into believing it will go to 20 or 30. I still think that but we need the AAA and Connie Lee for another major move. I had my finger on the sell button all day yesterday but Im still waiting to see what happens.
I also have a feeling some business might roll...
Ive been long ABK since 1.37. I think they might take a hit on the GICs from Lehman but with fair value accounting they could have another record earnings in october. I am kinda kicking myself for not selling at $10 though.
opinions welcome
I know .25 wont do much, but cutting it by .50 might make people think we really needed it then they will freak and sell. a .25 drop would cause a nice short covering rally and hopefully bring some people in the market. But I agree with you, we need an effect equal to a .50 cut
1.00%!! hahaha...thatll drop the dollar too much and oil will go through the roof. I say .25. we need to keep those peckerhead taxpayers spending all the money they get their hands on at Home Depot and Mc Donalds
Maybe thats what the rally was for
JPMorgan Chase Chief Executive James Dimon has said that purchase-accounting rules would make it more difficult, but not impossible, for his company to do a deal.
WM looking good here. I think they are going to d better than LEH. I should of held overnight. I think it migh gap up tomorrow. hmmmm. interesting, looks like it was way oversold to me