Citi's huge. But forecast low is not bad ($30.00). Not a disaster. Trouble is.. these things grow and spread. Then the pundits revise their foreacasts.
I was off today. markets kept tanking BUT I am fully confident it will reboud later
The only thing that could possibly pause this rally is if the fed begins raising rates. Given the citi news and so called 'credit crunch' news another cut looks like a strong possibility. The fed can cut all the way to 3 or lower if they need to.