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I am going long BAC and WFC with a trailing stop of 10%. I figure April 17th will be a crazy day (see this: http://www.elitetrader.com/vb/showthread.php?threadid=159133 ), but it will soon fade out. These "profits" are a one time deal for these banks in this situation.

It's the sad reality of every working economy, though, that for it to continue it must produce materials that probably no one really needs. It's the human desire for goods beyond the necesseties and it's what keeps the "dollar" actually worth something. One day people will realize that you...

Word.. if you look at the volume the past few days, it's come considerably down and it would seem this rally has lost its momentum.

Pinozi that is really intriguing... I always kind of felt like this whole meltdown did not represent an evaporation of wealth, but rather a large transfer of wealth between the moms and pops IRA's and the major market mover speculators. Given this situation you describe, you are essentially...