Nextwave Wireless (fka WAVE)

[Wheeeeee]

As expected AA gave a beat. I just wonder if any gvt deals were present in this quarter hehe.

Also reuters posted:
US TREASURY, FED, FDIC ANNOUNCE PROGRAM TO BUY UP TO $40 BLN OF TOXIC SECURITIES - Reuters

No friggen way that they are letting this market drop that easily. Noticed the buy program towards then end? Should be a nice dollar volume per minute on that program.

Also keep in mind that there will be alot more earnings including financials. Those will all be very bullish. First off because of the new accounting rules which they can beautifully abuse to report all kinds of phantom earnings (mark to market leads to a lower report on debt. That lower number will then be booked as earnings.. no zhit).
They will also scream miracles about covering the stress test requirements.

I dunno, not gonna jump to conclusions about market direction just yet.