Monday, September 22, 2008

The Market Is Gay Again

Well, we were due for a letdown after last week's fun. Volume is down, stocks gapped all over the place, and it just feels were due for a day of death consolidation.

Sure the guys in the office are trading, but at this point, 70% of the office is down, and "Trader 3," up $66 on the day, is in the #7 position.

Perhaps we need to wait until Wednesday, when Bernanke and Paulson get "grilled" by Congress.

Will be back for the close.

NOTE: A few more companies were added to the "short ban" list. Ray has the details here.

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