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IDS World Markets Wed 12th October 05


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Guest bullseatshitndie

short more gold over 480, short crude, and added dow shorts on that spike. this mutha is serious trouble. nyse a/d flipped on a switch again.

 

$ADV NYSE Advancing Issues 986

$DECL NYSE Declining Issues 1844

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Refco down another 30%.

 

Bailout will be necessary.

 

Former SEC Chairman Levitt says:

"underwriters failed in their due dillegence responsibility, just two months ago [re:Refco IPO]"

 

"There is absolutely a case to revoke every one of the the transactions that resulted from that IPO"

 

 

Lead underwriters for Refco: GS, CSFB, BAC

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