Thursday, April 2, 2009

finally they understand-no such thing as too big to fail

It seems to me the markets are responding well the government unity but more so
They like that we will waste less money. The world is evolving the baton of global currency
we hand the reins to China perhaps as the new world leader they have made many more right moves than any other country during this 20 month crisis. BACK to the point If GM is mismanaged according to the laws of capitalism they should fail if they do a new company will
emerge that is better run and that company becomes the leader. YOU cannot reward ineptitude Please throw no more tax money at greedy and ignorant companies. This is a positive sign.
finally They just might be starting to understand.

That being said we should have gotten long last night now at 50.75 We are just above the pivot 
point and this could really be a sell the news event This  has the feel of being slightly manufactured -Use Stops if you try and sell up another 1.5 from here on an irrational rally stop no more than a quarter away if we get stung the n it just might run and we sell up 1.5 with a quarter stop.