out there tonight there is some crap about the government and a 40% stake...
SO... if the market was down on nationalization on thursday and friday.. why are the futures up when there is this "story" that it may happen.
Monday, February 23, 2009
word is...
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IMO, none of it is news driven per se. The banks have no earnings and got technically oversold.
It's a technical bounce. IMO.
By Tuesday, we'll all be wringing our hands again and BAC will be $2.80
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