Overall market day might be damn green. Gapup open, selloff to gap and then rise. Just a gut feeling here.
That BS about buying back toxic assets is just a desparate measure to pump the market.
Buying program yesterday EOD.
First reported earnings of a dow component company were good, so that sets the mood. July 14th will be interesting with GS reporting stellar earnings. Should do some DD into which banks and other financials are reporting soon. The good news will prolly be oozing out about how they filled the stress test requirements (using GAAP reporting tricks, lending money, booking one off income against the earnings and whatnot)
Related to mesa, downdays have been on pathetic volume, nowhere near the upmove volume.
