Yesterday I gathered some March 31 ending balances on line to begin our quarterly balance sheet. A balance sheet is a listing of all assets and liabilities to reflect equity. Equity is the difference between assets and liabilities and hopefully it is a positive number.Yesterday was the beginning of the second quarter of the year and the stock market found another upward move. Today Chairman Bernake meets with Congress to answer questions regarding the Bears Stearns buy out.
I think the market may be nervous today and we will see selling. We will wait and watch together.
'til later
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