D-day/week for banks

Discussion in 'Trading' started by pumpanddumper, Apr 11, 2008.

  1. So this upcoming week should be ugly right? Would make sense right? Seems too obvious. Certain banks should blow up, report horrible numbers, etc....AA, GE...horrible... more "invincible" blue chips take poundings.

    I think the easy money was made shorting this year. Too many just jumping on the bandwagon late to the party for a new bottom or is it staring us right in the face?

    What this time will be the catalyst up or is the gov't out of ammo and everything should just fall like dominoes.

    I'm expecting another April Fool's rally or short covering rally to give yet another pulse up for the market. Seems too many out for the jugular these days. And I'm usually 80% of the time bearish fwiw.