This "Too Big To Fail" concept is a joke. Companies like Bear Stearns and AIG should have failed, just like GM will fail. Maybe if I worked for these companies I'd feel differently, but I don't, and it sucks that things are the way they are but this is where things have ended up due to a...
The fallout will happen. It's simply a question of when. How much longer can the mighty racketeering circle of Fed,government, and banks hold up? Either they crash and burn or the real owners of this country (the people) show up with guns and pitchforks and take care of it themselves...
Yeah I was hoping that this statement was belligerent sarcasm. Otherwise please feel free to crawl out from the massive rock everybody else in this country lives under.
The real deterioration of the country is finally starting to make its way to the surface. Wait until that surface really cracks open and the flood begins. Look out below.
Hey buddy, if you want to continue to lay around and get Fu**** by the upper 1% be my guest. Perhaps some people see the best possible potential for some change in him.
~Cx
FYI, it's a trading site. Plenty of investment and/or longer term sites, just not this one. Your bull/fed loving opinions are of little to no value here. There are always good opportunities on both sides of the court if you are a trader. Keep your eye on the charts. They make the calls...
BMW -- I like to see a higher close above that new wick, probably depends on what type of candle / bar it was and its size. A little extra confirmation never hurt (it can on large bars though).
~Cx