Not the usual bear squeeze. This time it is Bear Stearns that comes along to rescue the markets: "JPMorgan Raises Bear Stearns Bid to Woo Shareholders" - Bloomberg.com. Not sure if this changes much as far as the market trend (bearish) is concerned, but we may soon get an excellent shorting opportunity when the next unfavorable news comes along. For now, let the bulls party on...
Monday, March 24, 2008
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