Unbelievable

Treasury Secretary’s press conference going on at this moment should provide all the information that anyone can assess about this outgoing Administration, he shows the arrogance and stupidity that we have come to expect from Wahington and as they say in Chicago circles, Hank watches out for Hank, and by extension all his buddies.  The job he was assigned recently by Congress was to provide transparency in toxic assets and handle them, not save the big banks.  This almost makes me bearish, I don’t know if this country can survive 70 days more of this character, unbelievable.

10:24 AM CST

In fact this was so unbelievable that we are going to test our contrarinism and go to 100 percent long stocks in the Aggressive Portfolio here with the view that nothing could trump this spectacle.