HIMI HIMI HIMI that will make it SHIMMY!
Here's a nice one!
Attachment 5989
HIMI HIMI HIMI that will make it SHIMMY!
Here's a nice one!
Attachment 5989
Yeah just a little old 340, couldn't find a picture of a HIMI!!
Got to love that green paint! I haven't seen a good yellow one in years.
Yeah I love that Paint Job, but how about a deep metalic maroon, no stripes?
I don't like to jump in on a BIG UP day, usually there is some Profit Taking, but you never know? Thursday economic news may not be so pretty with Initial Claims and retail Sales to be announced. This rally seems to be an overaction to the CTIBank news to me?
SO I'll stay 80 "G" 20 "F"
HHUUMMMmmmmmm!
Citigroup Sparks Big Rally, But the Pros Are Skeptical
By: CNBC.com With AP | 10 Mar 2009 | 11:51 AM ET
Wall Street got some good news from Citigroup and responded with a huge rally. But some investment pros are skeptical that the banking giant—or the market itself—had turned the corner.
"I've lost count of how many of these rallies we've seen over the last year and a half and I don't suspect we'll see anything different here," Mike Larson, analyst with Weiss Research, told CNBC.com. "Would I be chasing this? No."
Sharon Lorimer
Led by financial stocks, the market made its first big move upward in weeks after Citigroup said it had operated at a profit during the first two months of the year.
All the major indexes soared more than 3.5 percent, and the Dow Jones industrials shot up more than 250 points.
Still, while word of Citi's performance at least temporarily broke a months-long torrent of bad news from the banking industry, analysts weren't ready to say the stock market was at a turning point and about to barrel higher.
"It doesn't mean that the underlying bank is going out of business, but I think the equity is jeopardized by the losses that are piling up," Larson said. "No stock goes to zero in a straight line and to me this looks like yet another bounce in a long slippery slope downward."
The only real gains may be made by those who take advantage of today's rally by selling.
"If you were smart enough to buy yesterday and sell today you made a great profit," Larson said.
[More]
http://www.cnbc.com/id/29615911
while this jump up could be another short rally, could it be a sign that things are starting to turn around? with the financial markets leading this, it could be a good sign..
"The safest way to double your money is to fold it over and put it in your pocket."- Kin Hubbard
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