Monday, November 5, 2007
Markets are going to rally
We had an ugly morning overseas which is spilling over to the US. Last week, gamblers over the weekend bet on the CEO removal at Merril and were rewarded with some great returns. Not this morning with the ouster of the CEO from CitiGroup. Traders are running the price down so they can run it up in the afternoon. Whatever the lowest point is in the morning should hold.
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