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Strategies & Market Trends : Booms, Busts, and Recoveries

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From: Maurice Winn4/14/2010 11:40:32 PM
1 Recommendation   of 74559
 
Ouch, WFC and JPM are zooming as profits [albeit paper profits] go zooming. Meanwhile, SKF takes a further pounding. finance.yahoo.com

FAZ too. Good move to be out of that Carranza, albeit a bit late.

Oh well, I have my shorts in on WFC and JPM and will hope that financial relativity theory event horizon forces do as expected before I experience my first short squeeze.

This time around, the Feds and politicians won't be quite so blase about throwing umpty mega$billion to the banks and Wall Street. They will have their eyes more firmly on the bankrupt electorate who are staring mortgagee sales of "their" houses in the face.

Mqurice
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