Wednesday, November 14, 2007

The rats are leaving the ship

OK I think I know whats going on. This is a pump and dump. Look at the financials, they are in full blown rally based on this BS from Bloomberg,

"The risk of financial companies defaulting on their debt fell after Goldman Sachs Group Inc. and Bank of America Corp. stoked optimism that the nation's largest banks may have seen the worst of credit market losses." http://http://www.bloomberg.com/apps/news?pid=20601208&sid=ajP6dhbbCS1Q&refer=finance

Do you think I am dirt stupid. I don't believe it for a second. This is an attempt to push the stock and giver the insider boys a last chance to get out. The rats are leaving the ship. I will short into this rally!

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