Today is not your typical Wednesday:
Congressional hearings to make fun of the idiots who run the FED & Treasury and the criminal bailout of AIG.
A FED meeting where they dare not say or do anything.
Uncle Ben on the line with a vote tomorrow.
State of the Union tonight.
Major indices & commodities at first major support and trying to make a stand.
Financial & media Hoi-Polloi at Davos adding no value to anyone but themselves and their greatness.
New home sales suck.
I would not be shorting financials here. I would rather be long GS @ 150 than short…Pay attention to semi-capital equipment for the turn.
I will be be posting live, streaming HD-video during the day on the home page when appropriate for market updates. Stay tuned!Comments »