5.25.2006

VERDICT GUILTY


The dips are bought and the markets are near the highs of the day and unfortunately for the ENRON crowd, they are not exactly enjoying the rip higher. Oils and Metals are the leaders with the Small guys beating out the large caps. Tradesports.com had the boys at about 70% guilty so that was a good bet. Of course the same betting site has the yankees as the ultimate world series winner this year and I know that isn't going to happen with that collection of hurlers.

I am expecting the markets to go higher off this news, not that it really means anything. Its all psychological as "we got the bad guys." Next up, backdating options and if you think that isn't a problem going forward, well I have some Vonage shares for you.

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