More Fed Intervention
- Posted by UpsideTrader
- on October 9th, 2008
I guess the government now wants to take stakes in all kinds of banks, both weak and strong. I guess the 13-D’s will be flying. I can see the headlines now, “Citigroup up 6% on Paulson stake.”
We will have to see if this is just another rally that gets sold today. Until we can get a rally that doesn’t get sold we will continue the grind lower.
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Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
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