Thursday, April 23, 2009
Treasury Department Issues Emergency Recall Of All US Dollars
I see short-term down days ahead, but I am long a select few favorites that have been scraping bottom: KKD, SIRI, GSI, GM, and LVLT. I'm keeping an eye on all these with tight stops, along with yet another FAZ entry.
Lots of chop right now, and I'm guessing the government's Stress Test announcements are being timed to try and keep things afloat. Let's see if that and the false bank profits can keep this Market F*ckery going!
Still reading Jim Rogers A Bull in China, and building a list of Chinese stocks to research.