Jump to content



Photo

LBO's


  • Please log in to reply
1 reply to this topic

#1 Jnavin

Jnavin

    Member

  • TT Member*
  • 2,126 posts

Posted 12 June 2007 - 06:28 PM

Making it more likely that your shorts will work out.

#2 JAP

JAP

    Member

  • Traders-Talk User
  • 575 posts

Posted 12 June 2007 - 07:56 PM

Making it more likely that your shorts will work out.


The lack earnings reports (fudged) and decreased LBOs will continue to push the market down. Even today's "knock the cover of the ball" LEH report did not help much. However, I think the pending GS earnings might help prop up the market.

SPX is once again sitting on the 50 DMA... could it bounce?... let's see what happens tomorrow.