Monday, March 24, 2008

JP Morgan Chase - Trend is now unreliable

I woke up at 6:15am this morning in Kauai, Hawaii from my dad turning on the television. Bad news.

JP Morgan wants to buy Bear Stearns!!! Ugh. Big news like this could mean that all the past trends are no longer usable. I'm surprised that the stock price of JPM hasn't changed yet. Keep a lookout.

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