Tuesday, September 1, 2009

Rumor Mill is spinning

Wall Street Rumor - a large bank is failing?? Dont make me laugh - reverse the FASB rules and they all fail...TARP the sequel is heading towards a theater near you....



JB
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2 comments:

  1. AnonymousSeptember 1, 2009 at 12:42 PM

    It appears that what you were looking for a few weeks ago is here. Could have one of those days finishing down about 30 points on the SPUZ and SPX.

    On the other hand, recent precedent (very persistent) would suggest a ramp-like recovery into the close.

    Not without interest to see what happens.

    fp

    ReplyDelete
  2. JBSeptember 1, 2009 at 12:52 PM

    Its doable - if this bankrumor gets squashed thy might be able to ramp up

    ReplyDelete

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