Bear "not anymore " Stearns

Look at my blog on March 14. Wow! Now we find out that if the Fed didn't lend money to B.S., they would have gone bankrupt. Investors pulled out more than $17 billion in the last 2 days out of the company. How did that happen so fast? Was the rumor true or did the rumor cause the problem? And who started the rumor? And how about buying the company for 1/4 the value of the building they own in NYC.
This story is going to go on for awhile and we will learn more. The question arises...will we ever learn the whole truth?
Technically, no one reading this blog should have owned the stock. It was below its support line, and under performing its peers and the market long and short term. If you did own it, better read the blogs and start learning technical analysis, because where were the fundamental analysts when you needed them?

Volatility

And have we had it. There have been 51 trading days so far this year. 60% have seen moves of more than 100 Dow points either up or down. That, my friends, is unheard of. And why are we talking about that now? Because this week brings us this years first Quadruple Witching. And with QW comes extra amounts of volatility. So be very careful this week. Want to buy stocks? Maybe you want to put your order in a few points below the market. Want to sell. Try a few points above the market. Unless of course you must buy or sell. Then do it at the market.

Quadruple witching also brings with it other things...more on that next