Financials

Again the new today is the total nationalization of the system and I have to be honest that might be the ONLY way to save the systm.m Last year I said the banking system is broken and this is the outcome of it. The system is broken and those who have the capital to save it dont see a viable business plan for the banks, therefore they might as well be called dead.
I dont see a logical way out because personally I believe the financials are all bankrupt so what can they do. In the mean time our FAZ still rocking and I think 100% gainer on that..


MARKETJEDI

Battle

Small money seem they want us lower here but big money looks like they want higher. Hmmm

Thursday

Well we got one day bounce after declining for 7 straight days and people again talking about the bottom, just amazing. Remember this, how January goes 85% of the time the year goes. We are presently down on the year so we must bounce hard if the bulls want to have a fighting chance. Tonight we have GOOG and MSFT reporting, I hope they say something good to push us higher.
I still think there is a bounce coming but the longer it takes the less likely and less powerful it will be.



MARKETJEDI