The ones that read me this time last year remember I was predicting what happened and the failure of many big names...now I do think we are in a true bottoming phase.
Yesterday climax was impressing me and recalled me about 1987.
I think the market will stay volatile for sometime but the worst is behind us even if politicians on Capital Hill yesterday gave to the World the worst show....
There will be a package...Wall Street will survive and will be cleaner, the Government intervention is necessary but will last for the time needed...Folks I am buying with full hands especially the good financials name (check my list) and double long ETFs.
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September 30, 2008
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