The clowns are scurrying about, offering all sorts of rumors, from capital injections at BAC to outright nationalization for C. Then we have the asshole, Geithner, telling people there will be more details of his “plan” revealed for us plebs, early next week.
Look, I can’t stop you from grabbing hold of that one arm bandit. All I know is, this market is not safe, on the long or short side. We are too oversold, yet on the precipice of economic collapse.
“The Fly” always has an opinion on where to place money. However, for once, I am going to sit this fucker out, grab some popcorn, and watch the rats run around on the sinking ship.
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