Just talked to a friend who said State Budgets have been cut to nothing for technology spending. This is going to hurt companies who have state business. First the consumer tightens up and now the states.
Stopped out of my longs for nothing doing.. Just as fast as they stopped me into them they are now stopping me out not one hour later..
Added to my ZRAN short.. still short MMM which is a leader to the downside here, and I gotta admit im pretty dang shocked..
Suffice to say- I cant wait until 4pm.. shut the machines down, pop open a bottle of wine and just forget this week ever happened.. Like walking on a conveyer belt.
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