Irrational exuberance was exhibited today.Mkt up size on no real new news. Expect it to collapse as fast as it went up today.FAZ is probably a great buy at the open tomorrow
Sure it did!It revealed without an ounce of doubt that the plan shamelessly will make the crooks even richer on the backs of Americans for generations to come.
lol. plan reiterated the fact that no banks will want to sell their toxic assets to anywhere anyways! who wants to take more writedowns when they really want to hold their positions and ride it out?
I was thinking the same thing. I didn't see anything new presented today.
I agree. It was a b/s rally