Tuesday, January 20, 2009

Market getting hammered

Remember what I said.....BAC could NOT afford the MER merger. Not even equity and govt bailout gonna save this IMO. What a POS.

HBC getting hammered, MS, JPM, GS, RF among a list of others. What a joke this is becomming.

DON'T get in the way of this leg down.....it's goin for new lows IMO.

I did some research and there's an odd mix of value and over-value. IMO that leads to nominal new lows and drastic bear bounce IMO. Gonna be a choppy downtrend lower. Still some value out there. Should be interesting

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