Been long Merrill and going to stay that way until top is in near $60 sometime in next 6-8 weeks.
Then I will stand clear until SEP OCT weakness plays out. Something tells me that employee options strike prices are awarded in Sep Oct period not July. <g>
PS Does lovefest of equities in the face of bad econ news end at 4 PM today or do they end it early today and go home.