Doomsday is Coming

I'm seeing TONS of C block trades going through today. Down almost 5% with above average volume.

Doesn't look good for Citigroup...

 

Dooms day is a Possibility,
Given FEDs role, International interest in USA (its still USA) we might see 10-20 % .
Eventually money is moving in to commodities - Things not Paper.
Buy Water - PEP/ KO
Buy Food - ???

 

BAC is getting killed too. Down almost 6%

 

so much for doomsday. cant even get a redday.

 

Today was red, wasn't it?
But yes, amazing that they managed to ramp it up near the end of day.
Looks like that's the best they could manage on the downside!
I bet when the bulls retaliate (tomorrow?) it will put the bears attempt to shame.

 

Deflationary Threat!! 0 interest rate trap! Doomsday is near!

 

Blocks upon blocks of C being dumped again...

C down another 222bps. In the $3's now.:eek:

 

Dear CitiGroup.

There will be no one to bail you out this time. See you in the congressional hearing sometime next year.


Sincerely
EMG

 

BAC is taking the bigger beating down 480bps breaking below $12.

 

market is ready for 2nd round tank!