Sunday, June 22, 2008

Citi Never Sleeps?

More ugly. When I look at the IBD 100 this weekend I think it's safe to say about 75% of the great stocks are energy related. No surprise, IBD should have a category of the 100 worst, I don't know why they don't, but if they did, I'm sure it would be 75% financials. Everyone who has tried to call a bottom in financials has been crushed, I think this time they will wait.


About Me

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.