If Thursdays and Fridays rally was short covering and the Libs are talking about tacking on pork to the bailout which I guess will stall the bailout I'd have to think tomorrow is a short. What do you all think?
Could be either... Some are thinking, "new bull market... bailouts saved us"... But that could all be wrong. The basic economic situation of the US strongly suggests STAGFLATION.... when investors wake up to that, they will likely sell big-time. Is that Monday? I dunno.