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  • S&P Set for 50%+ Gains? Not So Fast, UBS [View article]
    IMO the rally's begun as of Friday. LOTS of money managers looking to get in here in hopes of paring their considerable losses YTD. Citi's chart was a tell on Friday morning as it gapped down for just 1/2 an hour before starting to almost immediately recover well ahead of the general market. And of course the insurance stocks went nuts on the HIG earnings. I think the train is leaving the station, folks, now. I see a possible 5-week rally into the Obama inauguration, then a big correction.
    Dec 07 20:55 pm |Rating: 0 0 |Link to Comment
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