David Stafford's  Instablog

David Stafford
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Student of markets, enjoys following their course.
My book:
Around the World in Several Pieces
  • Some Days. 0 comments
    May 23, 2012 7:59 AM

    As the clock rolls past 7:51 this morning, the premarket nyse numbers are looking a little rough.

    The S&P is down 9.20

    The Nasdaq is down 19.25

    The Dow is down 88 points.

    Needless to say, it looks like it could be one of those days, where all that effort put into reading WWI novels may pay off, for now one will be prepared for an onslaught, and how to dig to avoid it.

    On the other hand, yesterday's premarket figures were green, and the day ended down. Hence the beginning of these twisted tales don't always give away the finale.

    European issues per se are of course still in the forefront of the market gestalt. The facebook bonanza, or not-so-bonanza, is also kind of a looming issue, with people frustrated with the possibility that big fish investors got information pertaining to projected Facebook revenues, that the proverbial man on the street did not. Either way, looks like its going to be another fun morning here in the world of tickers and tribulations.

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