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Loose Change

It's slooooooow. Many dealers were yawning last week as the slowest month for trading kicked off. Between the hot weather and quiet market, seems the foremost thing on their minds lately is taking it easy. One market player said half of his senior staff was out the door at 2:30 one afternoon last week. "I was yelling at them, 'Is this a holiday and no one told me about it?' They said they were off strategizing. I said, 'What, you were strategizing on a train to Connecticut?" Others were able to slip out with little fanfare. "I went for a three-hour lunch break today," a trader said, adding no search and rescue teams were dispatched for him.

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