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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (383685)4/7/2009 3:13:57 PM
From: $Mogul1 Recommendation  Read Replies (3) of 436258
 
You are in for a suprise then and way too bullish. Sounds like the media yapping on the tube. Mkt rallied and priced in the change to MTM to a index vs the mkt. Bank earnings will be better due to this misleading lipstick, but Wall St. has already priced it in. At 17X earnings mkt is anythign but cheap. A rigged MTM cannot fix the truth with earnings.
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