Tuesday, May 26, 2009

RenTec's Prime Brokers Keeping Very Busy

JP Morgan and Deutsche Bank continue dominating the trading in the most popular index hedges, SPY and IWM. Aside from these trading outliers, all is good, as consumer confidence spikes, and while retail sales continue dropping, the whisper, the promise, the hope, of at least one more sale at (or within +/-30% of) MSRP is in the air.

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