DJIA 12,673.33 +47.30
NASDAQ 2,386.11 +22.81
S&P 500 1,378.78 +9.47
PDS 23.91 +.98. Trailing stop is in.
ORCL 20.37 -.31. Consider possible short near 21.
Good simple explanation about the current credit/derivative problems. Audio by NPR.
Our Confusing Economy, Explained
Listen Now [39 min 8 sec]
Fresh Air from WHYY, April 3, 2008 · Perplexed by the U.S. economy? You're not alone. Law professor Michael Greenberger joins Fresh Air to explain the sub-prime mortgage crisis, credit defaults, the shaky future of other types of loans and what we can expect from the U.S. financial markets.
Greenberger is a professor at the University of Maryland School of Law and the director of the University's Center for Health and Homeland Security.
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