The AntiCramer

What a Difference a 10% Rally Makes

Pandit sparked this rally by announcing that Citi has suddenly pulled a 180 and is doing fantastic (he forgot to mention that without billions and billions of taxpayer dollars they'd be in line at the unemployment office). Conveniently Citi execs loaded up on shares last week. Talk about talking up your book. Does anyone actually believe Citi is all of a sudden cured? I for one do not.

Back to the 'Bear'

The "rally" was nothing more than buying Obama hype. Selling into that hype might be the trade of the decade. Irreversible damage is being done.


On Mar 02 07:15 PM JPDD wrote:

> It sounds like you've confused "bull market" with "highly volatile
> market".

The Ultimate Game Changer: Why 2009 Will Be Worse Than 2008 (Part 1)

Financial media commentators have a vested interest in a market recovery. Without it they are dust in the wind.

Why This Bear Is Different

I agree. However, as a matter of principle I do try to prove my own beliefs wrong. So, I've been scouring the NYSE website looking for the rule that says the market must act as it did in the past. Haven't found anything yet.

How Low Can They Go?

Were you planning on adding anything of value? I can find this on Google finance. And why the hell is this a lead article?

Are Bespoke and SA admitting they have no clue about what to say and are therefore defaulting to reporting readily available data?