Tuesday, April 7, 2009

Banging The Pot

U.S. Officials and company CEO's have been banging the pot for weeks now stating that earnings could be horrible this quarter. Just in the last week or two Alcoa came out and forwarned horrible earnings. Their earnings will be horrible, but since really really low expectations have been set, I think many companies will beat expectations. Because of this we just may see stocks rally on bad earnings and outlooks. I'm telling you, this market is rigged and they will play every trick in the book to rally this market. But what can we do? It's the only game in town.
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