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.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
blog comments powered by Disqus-
Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
-
-
-
-
Archives
-
