this will pullback something awful was 1 dollar a couple days ago
all kinds of good traders are sending me emails and letters that it is time to get out at the top and into safety.
And even my grandma who use to be a stockbroker told me to be careful, and that this is a dead cat bounce.
Think about it, when citigroup reports negative earnings which we know will be the case, ( I couldn't care less that somebody put out a fake paper saying that so far Jan and Feb of 2009 was profitable for Citigroup, that is a fake note and march could have been awful.
Either way foreclosures are way up and that mean AIG is a long long long time away from having chit as their balance sheet.
Back to 1- 1.10 area with a ton of new bagholders.
Aig went to around 50 cents very quickly and for a reason.