seekingalpha.com - 1/22/2009
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The casino environment that has become Wall Street and investing in general continues. It leaves mainstream investors scratching their heads, but even more importantly, it s a major turn-off. We had become oversold and in such conditions a stampede is easy for some trading desks and ...
online.wsj.com - 1/22/2009
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online.wsj.com —
International Business Machines Corp. employees have informed Alliance@IBM,
an affiliate of the Communication Workers of America, that...
workers at a number of locations have been told their jobs are being eliminated. Lee Conrad, national coordinator ...
(more)
IBM Employees Report Job Cuts
blogs.barrons.com - 1/22/2009
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blogs.barrons.com —
As had been recently rumored , IBM (IBM)
on Wednesday apparently began a round of layoffs. As...
the Wall Street Journal notes , while the company is not talking about the job cuts, the axed employees have taken to the Web to vent . The Web site ...
(more)
IBM Employees Say Layoffs Underway
marketnewslive.blogspot.com - 1/21/2009
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marketnewslive.blogspot.com —
01/21/09 The stories, data, and stocks that may
have the greatest impact during the next trading session....
(more)
Video - Pre Market: IBM
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Blog Reactions
Thursday Morning
Phil’s Stock World —
... As David Fry notes in his morning post: "We had become oversold and in such conditions a stampede is easy for some trading desks and hedgies to start in the opposite direction." David compares the action in the markets to a casino and I’ve been saying that for a while (it’s the first chapter in the book Sage and I are writing) but, as our members well know - we don’t care if the game is rigged, as long as we know which way it’s rigged. Thus we went long on the oil scam at $35 last week and we sell the SKF $200 calls ...
Thursday Morning
Trading Goddess —
... As David Fry notes in his morning post: "We had become oversold and in such conditions a stampede is easy for some trading desks and hedgies to start in the opposite direction." David compares the action in the markets to a casino and I've been saying that for a while (it's the first chapter in the book Sage and I are writing) but, as our members well know - we don't care if the game is rigged, as long as we know which way it's rigged. Thus we went long on the oil scam at $35 last week and we sell the SKF $200 calls for $39 to the ...
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