Thursday, January 10, 2008

Trade update

Bank of america in talks to acquire countrywide. I saw an immediate spike my gs shares from 193.28 to 195.5. I personally hate news driven rallies, and I don't like that we saw another fadeable spike with 1.5 hours still left to trade. Could they have announced it around 3:15 instead? Still holding the shares... hopefully we can sustain this rally in the financials.

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