1 lousy up day out of 15 months of misery and all calling the 10th bottom in that time frame.Put to call has been low for weeks as few dare short . i expect another collapse this year to 5k or lower to wash the the remaining bulls away then we get a real bottom.
Nostradamus? Is this from a Fibonnachi extension? Who is going to win the 3rd race at Belmont that day? I can clean up if I know. A giant "l-a-s-e-r" is going to destroy the White House that day? MiniMe . . .?
BAC will be a $15 stock this by fall. As much as I hate to admit it, Buffet's CNBC interview blew my mind. If Washington suspends mark-to-market FOR REGULATORY PURPOSES, the bear market in financials is over. I have to assume somebody in the Carter, I mean Obama administration was listening. Great article in the WSJ about this ... http://online.wsj.com/article/SB123672700679188601.html