Today, Sunday is not a Sunday. With Bear Stearns being saved at $2/share, down from about 57 on Wed, Wall Street is working overtime tonight to try to prop itself up and avoid an international meltdown.
Look at the POG! 1014 and rising like a rocket.
My prediction was 1100 by Friday. Maybe by the end of Monday!
And on monday, at 0730, thousands of Bear Stean employees will be given pink slips, and told that their company pension fund is gone...gone..gone.
Do up your seatbelts, we are leaving the launch pad!
SKELEG