Stock Market Analysis

Thursday, September 18, 2008

Daddy Promised To Take Me To The Beach...

Investors jumped elated today like kids whose fathers has promised to take them to the beach... ON CONDITION that mummy agrees. Now mummy may or may not agree but that doesn't stop those children from running straight into their rooms and pack their swimming trunks for the weekend. Yes, Bush's plan needs congress approval and we all know how tough that can be. Even though the market jumped today, it did nothing to change its prevailing bearish bias. The extreme volatility recently along with tomorrow's quadruple witching created some pretty unique arbitrage opportunities for those who knows how to take advantage of them.

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