Markets push upwards as Bernanke states inflation will slow
August 22nd, 2008
In other news, Bernanke also believes that the Bigfoot body was not a hoax.
Personally, I’d listen to Buffet more than the Fed chairman. This is nothing but another straw for the bulls to grasp at, boys and girls, nothing but a self-delusional bear market rally.
Next week will be a little up and down, but when we push past September, its going to be a Dark October.
It’s a great time to be short on financials.
(I’m short on Bank of America corp at the time of writing)
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