Watching the Market and the Financials…Again

Posted by UpsideTrader
on February 27th, 2009

So Citi is back under $2 and $BAC is back under $5. Didn’t last long did it? Oh where are the halcyon days when our biggest banks sold for more than $5? Seems like yesterday.

My own personal opinion here is that we will become unhinged as the wheels fall off the train. I believe 5000 is coming and maybe sooner than most people think. Call me silly, but this isn’t the time for a $1 trillion tax increase and drunken sailor spending. I’m goofy like that.

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