Lending Merry Go Round

by Larry Levin

If you are confused in the slightest as to how Europe got into such terrible shape, perhaps this amusing sketch will clear it up for you. A friend sent it to me recently and it should remind you of the "Who's on first?" routine that Abbott & Costello made famous.

http://www.youtube.com/watch?v=5D0VhS8qXT0

I looked at a few other videos of this Australian comedy team and I roared at the following. Although the oil leak in the Gulf itself is not funny, I am sure there are quite a few conversations going on similar to this in the halls of Congress and BP. It was originally made due to an oil spill near Australia some time ago.

http://www.youtube.com/watch?v=8-QNAwUdHUQ&feature=fvw


Previous Day's Trading Room Results:

Trade Date: 6/1/10

E-Mini S&P Trades*
(before fees and commissions):


1) OTF buy @ 10:00am at 1089.75 = -.25 & b/e (2 lots)

2) 80% buy @ 10:14am at 1087.75 = -1.50 & -1.50 (2 lots)

3) Algorithm positions (12)

4) “Reading the Tape” positions (2) …combined Secret’s, Algo, & “Reading the Tape” total +0.75



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