Oh yeah, government will fix everything! Whatever, go short as it will not last- make your money while you can and get out. The only way it could last would be another bubble in the making(HELLO US TREASURIES/maybe even Japanese Bonds). Either way this is a bounce, do not be fooled.
I stated that a few days ago.
“Optimism over Obama’s economic stimulus plan quickly evaporated in the face of the gloomy U.S. economic outlook,” he said, referring to President-elect Barack Obama’s proposal, worth $800 billion or more, to shore up the sagging economy.
Reality must be setting in but I doubt it. These idiots will keep championing government intervention until nothing is left.
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HeathenCabin at 05:39 PM JST - 8th January
Oh yeah, government will fix everything! Whatever, go short as it will not last- make your money while you can and get out. The only way it could last would be another bubble in the making(HELLO US TREASURIES/maybe even Japanese Bonds). Either way this is a bounce, do not be fooled.
I stated that a few days ago.
Reality must be setting in but I doubt it. These idiots will keep championing government intervention until nothing is left.