Scamming The System

Just a short comment from the road.  The fact that Goldman Sachs had Hank Paulson to run through the line doesn’t create a recovery.  Yesterday’s Wall Street recommendations to buy financial companies doesn’t make a recovery either, in fact all they do is create a rally to sell if you didn’t sell in June.  We will be adding to our shorts as soon as the market rolls.  Most of the rally to the 910 to 914 restistance level is over, if it isn’t already over.

We will be back soon.

2:45 PM CDT

Leave a Reply

Your email address will not be published. Required fields are marked *

four × 5 =