More sentiment:
Bank Results Challenge Rally!!
Results from Citigroup, Goldman SachsBut.... On the other side of the coin:
and J.P. Morgan will test the recent rally.
Write-offs remain a big question.
Treasury Department's program to clear out $1 trillion in so-called toxicSomebody actually referred to them as "So-Called"!!!, I've been Bitching for a month now how "Popular" that word is, especially in the popular Nomenclature, And I guarantee if I asked 95% of the people who say it, "What a Toxic Asset is?" They wouldn't have the Foggiest. But that is a big step up, for people to start recognizing what a sad little "Catch Phrase" this is.
Just to give my read on the market, The real Challenge in the market May be the Materials earnings. There are so many people chasing the "Reflation trade" that is where the real danger is. I would suggest that unless "Mr. Vickrum" is found sticking CDO's up a Dead Boy's ass...
No comments:
Post a Comment