T.G.I.F
- Posted by UpsideTrader
- on January 16th, 2009
It was a long week and I am looking forward to the weekend. So far we have lost about 400 points this week and it could have been worse had we not turned yesterday. By the way check at my fellow blogger Brian who called the turn perfectly yesterday.
The financials are catching a bit of a bump as Bank America shamelessly sucks more blood from us taxpayers with little remorse. Citibank reported and as expected the number was dismal. Their CFO also announced above average losses from first tier mortgages for the next several quarters. Just swell.
Consumer sentiment will be out this morning. Let’s trade what they give us and have a great day.
Follow @upsidetraderThe 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.
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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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