DISQUS

today the Madoff whistle blower is in giving testimony at a congressional hearing. He just said that he will turn over to the SEC a $1Bill mini Madoff tommorrow... that might be what you mentioned in an earlier post

yes --I have taped on my keyboard "my opinion doesn't matter...the only thing that matters is price"
that being said I am short a few ES with a 2 point stop based on the stats... I usually take half off with a 1.5 move and then move the stop to BE on the whole trade so I have a "freebee" shot or a small loss.. either way I am cool with it.

Here's some statistical data. While Fridays are down days 79% of the time, in 27 weeks this year, 10 Thursdays have been down days.
These down Thursdays have been followed by down Fridays 9 times (90%) in total, and 100% of the time when Thursdays have gone down more than 0.75%.

Past performance is no indication of future performance but percentage tennis works.

1st paragraph page #3--
http://www.sprott.com/pdf/marketsataglance/MAAG.pdf



$48 pricing in Dec:

NEW YORK, December 24, 2007 — Merrill Lynch (NYSE: MER) today announced it has enhanced its capital position by reaching agreements to raise up to $6.2 billion of newly issued common stock in a private placement with Temasek Holdings and Davis Selected Advisors. Merrill Lynch expects these transactions to close by mid-January 2008.



you do the math---- say $20??

$15... 130Million shares go to 325M??

small tiny world....HI SONIAAAAAAA