was this a classic "sell the news" ?

talk about major dumpage on the news.

 

That plus the fact that we were overbought and everybody was getting too bullish.

 

Investors thought that the Obama administration would be different and handle things better... I sure did. I was pretty blown away to see how atrociously they handled the Geithner announcement. Made Paulie look like a stud in comparison...not really. And why the F$%# did they delay the announcement on Monday? It took them an extra day to come up with THAT shit?

Welcome to the new Treasury head.....the same as the old one.