Wednesday, February 14, 2007

Bernake Update

Does this remark signal the beginning of the "Mother of All Short Covering Rallies?"

"So far, the incoming data have supported the view that the current stance of policy is likely to foster sustainable economic growth and a gradual ebbing of core inflation," Bernanke said in prepared testimony to the Senate Banking Committee in Washington."

***Update*** 1:07
Well the market is screaming but I'm not making bank because half of my positions that have been up a lot recently are down. But I'm still making some money, don't get me wrong. CSX is screaming, as is NIHD. Should have bought more.

My buy limit order for 1000 AOI @ $8.05 filled.
Also picked up 1000 ONSM @ $3.48

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