Monday, May 04, 2009
What's behind the latest stock market rally?
New York Post: QUESTIONS ABOUT GOLDMAN SACHS' ROLE IN MARKET
Interesting article may just shed some light on what the US banks are really doing with the bailout money
Posted by simon @ 09:50 PM (351 views) Add Comment
1 Comment
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1. bystander said...
Does this mean that the financials are beating estimates with borrowed money invested in a volatile market which is easily manipulated by high flying financiers and businessmen, just look at the share price jump of Wells Fargo after the glowing review by the sage of Omaha. Why have Barclays shares jumped so high so quickly and why did they drop so low and so quick, answer speculators, and now that short sellers are back on the financilas how long has this bull run got left - "sell in May and walk away", may just be the catalyst for massive profit taking and subsequent falls to new lows for the financials - any thoughts???