sentiment

Mannwich Says:
April 16th, 2009 at 2:53 pm

Wow, look at the steady march upwards today. It seems the all-clear has been given to Joe/Jane Retail to either get back in or stay in because all is well again. Slow and steady over the past hour or so. Final hour should be interesting? Panic buying, anyone?

Mannwich Says:
April 16th, 2009 at 3:23 pm

Yes, it is. I’m speechless but will raise cash and patiently wait out this charade. I’d be far less irritated by this if things WERE actually improving, but I just don’t see it. This is pump & dump 101, with a major assist from the feds. Question is - when does the pump cease and the dump begin?

DL Says:
April 16th, 2009 at 3:39 pm

When Mannwich finally liquidates all his shorts, the market’s going to drop 20% in a week.

Mannwich Says:
April 16th, 2009 at 3:43 pm

@DL: Not liquidating. Hanging in there like Steve Barry. We are not out of the woods yet.

Mannwich Says:
April 16th, 2009 at 3:50 pm

Picked up some SDS.