Tuesday, February 17, 2009

War

Washington and Wall street are at war. Washington wants to spend, Wall street wants to unclog the credit system. This week will tell us a lot about whether the market is going to head down for another leg of selling. There is a lot of both governmental and economic information coming out. I am expecting trading to be very volatile and schizophrenic. The feds are long the market as it is imploding, get ready for a crazy week.
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