Tuesday, April 21, 2009

Due For a Correction

This market is.

Bank of America yesterday pointed out that better than expected earnings can still have a dark underbelly. For me, the banks are still on a lot firmer footing than they were two months ago. I would take a flat week from this market.

Busy day. Later.

Broadcom buying Emulex? That's surprising.

Kernen is worried about a W recession/depression. Drama King? Could happen.

1 comment:

timsmith said...

The W would be catastrophic, yet would pale to the ampersand.