It was even worse than Friday with Nemo. I'm not sure why. BAC did less than 100 million shares. Are people waiting for Obama to give his speech? Waiting for a new pope?
1) "No News Monday". 2) The Blizzard had to have kept a lot of bank/brokerage/trading employees at home, especially at Fidelity and State Street. 3) Traders hungover from Carnaval. 4) Grammy Awards hangovers. 5) Abe Lincoln afficionados are getting ready to go crazy tomorrow. 6) Cathlicks may get crazy on Wednesday. 7) Female "financial professionals" are distracted by Valentines Day. :eek:
---well..as Us became more and more socialistic(like Europe) so does markets..now US market looks more and more like European equity markets-DEAD--- http://www.elitetrader.com/vb/showthread.php?s=&postid=3631071&highlight=european#post3631071 get use to it.
looks like all Asian institutional traders are taking the week off due to the Chinese/Japanese new year. Year of the Snaaaaakee