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Daily Archives: June 12th, 2007

Breaking News on ICE/CME/BOT!!

ICE is sweetening its merger proposal for BOT!! Check it out!!
According to the article, this new deal values BOT’s shares at $211.55. The news sends CME stocks down 48 points (although I don’t think the number of shares was substantial; at least not according to Fidelity)!!
ps. CROX
check out the puts! […]

Review 6/12/07: SPX, Nasdaq, SOX, BTK, OIH, XME, GLD

Ok, I think the bulls may have given all they’ve got right now! Today’s mid-day attempt to turn things around failed and was followed by high-volume selling. We might get a weak attempt to bounce tomorrow morning, but, I’d be very prudent about jumping back in. I have many charts to go […]