The Morning After

Update: DO NOT buy Citigroup until AFTER it crashes as the result of a MASSIVE stock dilution! Wait. Citigroup just announced (March 19, 2009) that preferred shares will convert to common shares. This massive dilution of the value of the original shares will be COVERED UP by a reverse split. I repeat: WAIT. [END OF UPDATE]

Take a look at this. The story, "Stocks Fall After Bernanke Remarks" is an example of a VERY MISLEADING headline. It proves that you gotta look deeper into the news to really get a handle on it. The chart of the S&P shows just how stoopid the headline is. Was this FALSE headline intentional? You decide.

economic recovery stock market banks insurance C AIG

Category:

News & Politics

Tags:

• economic
• recovery
• stock
• market
• banks
• insurance
• AIG

[opchidexio]

No, I didn't. I will check it out.

Thanks, DeeDee

(Hope I spelled that almost right) Cya!

[LatinaFreedomFighter]

Did you hear about the Kremlin wanting to implement a global currency?

[opchidexio]

Good sign? Um... The lower rate is good for you and good for the American economy

Good for the banks? Duh. EVERYTHING is good for the banks. These guys seldom lose.

And don't worry. We are NOT saving too much. Invest your saving in... uh... hmmm.... What was the name of that company?

0< "AFLAC!"

Oh, my memory is no good... I'll think of it in a minute.

0< Aflac! Aflac!

[Auggie56]

My bank is refinancing at lower rates now. Good sign ?

They were telling us we were in this mess because of credit. Now I hear we are saving too much. I need to lay down for a while. My head is spinning.