Tuesday, March 10, 2009


That was different.

The worst bank still standing - Citigroup, thanks to a goldilocks yield curve - leaked that they had two good months in a row and we're off to the races - maybe.

Tomorrow the guys and gals who have been afraid to proclaim their bullishness will be coming in the windows. I haven't talked to any professional traders today but this felt like a whole lot of short covering, which won't have much follow through without real investors coming in behind.

Better than down, though. Gold stocks got hammered, obviously.

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