The scariest thing happening today is that Paulson and FDIC's Bair are all out first thing in the morning reassuring everyone. Plus Plosser's idiotic comment about a Fed raise.
When the government reassurances build up to a crescendo, make sure you've got your kevlar underwear on.
Sorry about this double post, but this also just occurred to me to be noteworthy:
The severe chop and directionlessness of the market today is indicative of uncertainty. Uncertainty is bearish IMO. The markets want to believe Paulson et al but they're not sure.
I might plant some DXD. I just made a prediction in my head....
3 comments:
Could be.
Well we all but filled the open gap so I think SKF may pay off today...
The scariest thing happening today is that Paulson and FDIC's Bair are all out first thing in the morning reassuring everyone. Plus Plosser's idiotic comment about a Fed raise.
When the government reassurances build up to a crescendo, make sure you've got your kevlar underwear on.
Sorry about this double post, but this also just occurred to me to be noteworthy:
The severe chop and directionlessness of the market today is indicative of uncertainty. Uncertainty is bearish IMO. The markets want to believe Paulson et al but they're not sure.
I might plant some DXD. I just made a prediction in my head....
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