My read of his guess was he figured monday was going probably to continue friday's trend. He did seem slightly more tired than usual; not nearly as stressed as Sept. _____________________ ''Enjoy your reading''--Alan Greenburg-Bear Stearns
"Does anybody know, if Grasso is short, or what ?" Well, technically, he is a few inches taller than the average midget, but I think a short man in tall pants is pretty descriptive. Seriously, have you ever seen such a putz? He is a bagman for the Brokerage Firm syndicate. To take a look at a recent photo of the Godfather of the 5 families of the Brokerage Firm Crime Syndicate, click on the jpeg below.
He probably heard the rumor mill that some hedge funds, port. managers, institutions, ect were planning on liquidating some large positions going into Monday. There is nothing he can say or do that will create any support at this point.
JPM was massively short gold and their was a short squeeze on. I heard the fed bailed them out by selling gold directly to them rather than forcing them to buy on the market, thereby killing off the short squeeze. The day after I heard that gold started its consolidation that it is still in. Now JPM is massively screwed by worldcommunist. Will there be a bailout ?