We’re deeply oversold, amidst a Citigroup Inc. [[C]] meltdown. Who could write such a horror story?
This is “the no trade zone,” especially on a Friday afternoon.
Frankly, nothing else matters, but the fate of Citigroup Inc. [[C]] . Most likely, they will become the proud recipients of a “government deal,” a la AIG. Aside from that, everything is peachy. The world is round and my television is a rectangle.
Commodity stocks are bouncing, but I don’t trust them.
One thing to note is weakness in treasuries, thank God. Once this whole flight to quality love fest is over, [[TBT]] will be a dunk shot win.
Until then, go eat a sandwich, raise cash and go wax the car.If you enjoy the content at iBankCoin, please follow us on Twitter