Weekly discussion of financial markets, economics, politics, and the media. A member of Wall Street's Digital Underground since 1995
Wednesday, March 11, 2009
REPEAT after me ; all Roads lead to Citibank
Once again as I have repeated many times on this blog that in almost every financial crisis since the 1970's all roads lead to Citibank and with the combo or a very oversold market ,some very unexpected positive news from Citi bank and an increase in auto sales in China ,coupled with no major faux pas from the new administration and the market rejoiced . The key here is follow through accompanied with significant volume building !
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