Tuesday, October 13, 2009

CIT CEO resigning at the "PEEK" and BKX Charts

This just in, and too precious to ignore.  The chief at CITI is named "Peek", and he thinks this is a good time to get out.   I wonder where his stock options will be priced.  I bet he exercises them all immediately.

http://www.msnbc.msn.com/id/33290228/ns/business-us_business/
I don't have experience of "hundreds or thousands" of Fib Fan charts, but I like the idea, since combining price and time seems important.  Look at XLF.

This rally must be near the end, since I had the honest realization that perhaps this tanker (economy) had been turned around and that way more upside is possible. 

And just in case you hadn't noticed....America's government has been taken over by Bankers.  This is not a good thing.

And finally, the Irony of it all....Banksta's conspire to steal tens of TRILLIONS from the past genration, the current generation, and even from a generation not yet born, and they walk free, however we got to make share the "Just Say No to Ice" crowd is given their just desserts.

http://apnews.excite.com/article/20091014/D9BAJH5O1.html



















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Insightful and Useful Comment!