Sunday, March 16, 2008


Sure is getting dicey out there.

Bear Stearns is gone. It's now JP Morgan for $2/share (the 52 week high for Bear was $159/share!). Employees own 1/3 of the stock. The Fed also cut interest rates a quarter point on a SUNDAY! You gotta wonder what they know that we don't. The markets should be very very interesting next week.....

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