Wednesday, March 3, 2010
What A President We Have.....
GS and JPM are selling off again because Obama is sticking with the Volcker "plan." This president of ours is placing bets on the Colts in the Super Bowl and on 'Nova against Syracuse. It is ridiculous. Is he wagering on the U.S. against Canada in ice hockey? Does he think it is all a game? Does he just want the stock market to go down? What is he all about? Who is advising this guy? Why does he want to make himself irrelevant? THE VOLCKER RULE HAS NO CHANCE TO SUCCEED. None. Shorts now banging down GS and JPM again. This is pathetic. I think I'm gonna buy some GS and/or JPM leaps and just wait for some sanity. GS has to be looking very hard right now at going private......
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