Browsing articles from "February, 2009"
Alert: C Down 36% before market open
Shares of Citigroup has down 36% at 9:15am EST due to the news of government boosting its stack by converting preferred shares to common shares. S&P futures down 2.1%. Be [...]
Continue Reading... »Bouncing balls…
I am not sure how many short-term traders were fooled by the market today, but I confess I am one of them, and paid a pretty hefty price for it. [...]
Continue Reading... »Rebound was all we were hoping for
The market was a little hesitant towards going up this morning, and I was a little worried because the consumer confidence and home prices data did not look so good. [...]
Continue Reading... »Panic or not?
I was literally watched with fear and frustration today as S&P slide down below 750 in the afternoon, and dropped 1% in the final hour of trading. The last time [...]
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