This was a day for traders to eke out a few bucks, if they cared to ride the waves. Otherwise, stocks traded mixed on low volume. There was no news fit to print, but we’ll still go over the "unprintable news" later tonight. ISM numbers come out at 10AM ET tomorrow. They could be market moving numbers, so traders are, and will be, placing their bets ahead of that news. Selling is pretty heavy into the close, though. (Hm, still selling those rallies, are we?) I’m in a place where I don’t have a TV in my room (no, I haven’t been locked up and I’m not in rehab!) and I hear now that I missed a great Jim Cramer segment this morning. I sure hope someone puts it on You Tube.
Check back with us later!
2 Comments
March 31st, 2008 at 6:44 pm
Lisa -
I didn’t see Cramer, but it made me sick to watch Maria Bartiromo trying to pump up Lehmans stock after hours based on their new stock offering. Others were trying to tell her that the stock was down after hours because the deal wasn’t that great, but she insisted that people just don’t understand the news, and if they did the stock would be moving higher. Somebody have a cheerleader outfit for Maria out there? YIKES
March 31st, 2008 at 7:50 pm
Lisa,
You and Chuck are doing well, telling it like it is. Eventually the market cannot lie, just those who are trying to manipulate people.
Cramer is a real hoot to watch, what a clown.