Posted by 5 October 2003

I See… Dead Stocks

Even though last week looked and felt like a great week I’m going with the thesis that this move is a dead cat bounce and an opportunity to put out some shorts. There were a lot of shooting stars made on Friday. Many of them were caused by stocks failing to hold above their middle [...]

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Posted by 1 October 2003

One Hell of a Bounce

Now that’s the way to start a new quarter — if you’re a bull. The market shot out of the gate today, and except for a brief dip in the morning, never looked back. We were certainly due for a bounce, based on how oversold the market was. The S&P and Dow are now looking [...]

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Posted by 1 October 2003

Carnival of the Capitalists

Any of you blogging about anything business related may wish to enter the soon to be launched Carnival of the Capitalists. This will be similar to the Carnival of the Vanities but focused on business. Here’s a FAQ(NYAQ) about the Carnival.

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Posted by 1 October 2003

NASDAQ ETF, ONEQ, Begins Trading

In case the QQQs don’t provide enough fun for you, now there’s an ETF to track the entire NASDAQ Composite Index. (but it actually only tracks a sample of all the Naz stocks) It’s ticker symbol is ONEQ. I just want to know if it can be shorted on downticks like the QQQ can.

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