
From
Centrifugal Deforest - Stock Market at a Lance...
To be sure, there are a couple of good gooses still in the chamber - 1.) we'll get some amount of yelp higher from the decision to tinker with the mark-to-market methodology; 2.) at some point we'll get an announcement from the all-new and naturally improving SEC that they're bringing back the uptick rule to help stave off those wicked short-sellers; 3.) we're going to get more than vague vagaries from TG and the Treasury plan - since a.) the bond auction will be out of the way and they can stop worrying less about stocks for the moment and b.) it is pretty clear the Street wants something in the neighborhood of details about the promised plan as opposed to someone instead stressing over and over again just how "uncertain" everything is (uh, the Street hates uncertainty...p.1 in your manual). More...
Posted by
Michael Davey on Wednesday, February 11, 2009 @ 10:34 PM
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