bear market rebounce despite the fact that USB etc announced big writeoffs right after. Investors hoped the worst was over! what a joke.
Now it is that time again. the bellyup of FRE/FNM may sparkle another around powerful bear market rebounce with the same hope that the worse is over. We will see it in next couple of weeks probably. Then at some point, we start to worry again about credit market problem, oil problem, ariline/auto industry problem. It is just so stimulating to watch, analyze the drama to unfold and learn.
when all of these problems are bailed out in an extrmely socialized fashion evern seen in human history, we find ourselves backfire. God, what happens to my dollar? Well it is free anyway since we can print it.
so funny indeed. I have enjoyed so much during the past couple of years.