Tuesday, October 14, 2008

Market getting ready to fall apart again

After today's action, I think yesterday's rally was a mirage. The market seems to be getting ready to fall apart again. It may be saved by options expiration manipulation this week but next week is crucial. If I were long, I wouldn't tempt fate by over staying my welcome here.
AC360 on CNN is naming names for the 10 most wanted culprits of the collapse. Alan Greenspan was named at number 5 tonight. I think he should be at number 1. In fact all these other culprits owe it to him for earning them a place on the list.

1 comment:

GS751 said...

Lmao. Greenspan had a massive cop out.