Monthly Archives: March 2008

tuesday update

SHORT TERM: market closes mixed after early selling, DOW -16 Overnight most of the Asian markets surged in an attempt to catch up to the recent rise in the US. Europe even opened 3.0% higher and closed +3.4%. US index … Continue reading

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monday update

SHORT TERM: FED rally continues, DOW +187 Overnight the Asian markets open were mixed, and Europe was closed for the holiday. Nevertheless US index futures rallied overnight, then bounced around into the morning. Nearing the opening, when rumors surfaced that JPM … Continue reading

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weekend update

REVIEW: What a week! Sunday night the FED announced that Bear Stearns (BSC) had collapsed, and they had worked out a deal with JP Morgan (JPM) to takeover ownership of the company for $2.00/share. It had closed at $30.00 on friday, after trading in the … Continue reading

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thursday update

SHORT TERM: options expiration rebound, DOW +267 Overnight the Asian markets were mixed following the selloff in the US yesterday. Europe came in -0.60%, and closed -0.85%. Before the open the weekly unemployment claims were reported continuing to rise. US index … Continue reading

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interesting comments in paragraph three ….

We will never have a perfect model of risk By Alan Greenspan Published: March 17 2008 02:00 | Last updated: March 17 2008 02:00 (Financial Times) – The current financial crisis in the US is likely to be judged in … Continue reading

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