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Strategies & Market Trends : Waiting for the big Kahuna

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To: Hawk who wrote (87176)4/12/2009 7:43:37 AM
From: GROUND ZERO™1 Recommendation  Read Replies (2) of 94695
 
Thanks for the article, I appreciate it... when I get a sell signal, I'll go short, but right now I'm riding on a buy signal... I much prefer to have my own market model tell me when to buy and sell than some hysterical writer who's trying to pitch a subscription to some newsletter...

The writer of that article is not fully informed... many banks were forced to take TARP money under the threat of otherwise being audited, this was a punitive threat coming directly from turbotax cheat tim geithner himself... so, instead of having to incur a highly expensive audit, they took the money... now, many banks want to return the money, but they can't because of restrictions and absurdly high early return payment penalties... apparently, the Treasury just wants their claws and hooks into every bank no matter whether that bank needed help in the first place or not... therefore, things may not be as they seem or as we're told, obama wants the crisis to continue so he can jam his socialist and liberal fascist programs in our faces... frankly, I much prefer letting the market tell me when to buy and sell than to jump at the word of some unknown panicky writer...<g>

GZ
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