Hope you followed the advise yesterday and closed out those shorts when the market was actually down but ended up. Give the dogs a bone for a few days, let the wizard Obama wave his magic, let Timmy the I dont pay tax Geither have his moment on Monday. The shorts will run for the hills today covering up which will help artificially run the market up a bit more. So there will be fat on the bone again next week when we load up and short again. And dont worry all our mates out their the other short sellers will reload the gun mid next week. So as ACDC once said, lets give the dog a bone, give the dog a bone.
PS
lets prey Goldman hits a 100 bucks as we can then short that sucker too. Market thinks its good they want to pay back the TARP, its a sign of strength. Well Goldman knows if they pay 500K bonuses to their top guys their business model, what ever it is, has finished. As discussed in a previous blog the talent will not walk away from Goldman they will run for the door with the goldfish like Tom Cruise did in Jerry McGuire asking. WHO IS COMING WITH ME.
Giddy Up
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