Friday, March 7, 2008

90% Chance Emergency Rate Cut Today

That was an unbelievably bad jobs report.

UPDATE

Couldn't help but go long a large GOOG position when the market had its early short covering rally. Final sale at 438.99 - out for now.

Market has now dropped about 140 points off the high.

For Fun: GOOG BIDU Gap currently 187 points, down from 190 yesterday.

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