I love this bonus rage in the States.
And the tax of 90%.
Where is it going to stop? Is the mob going to take the streets again?
They drag the CEO before Congress to grill him and chastise him over the bonuses of AIG. This is a guy who came out of retirement to work for 1 USD a year to try and turn this thing around.
The mob hasn’t changed that much over the centuries.
Ok.
Let’s get over it.
And go elsewhere.
Also the FAS (3x Leveraged Financial ETF) is going down. Yesterday it opened 10% higher only to close 5% down. Is the short squeeze over?
And the tax of 90%.
Where is it going to stop? Is the mob going to take the streets again?
They drag the CEO before Congress to grill him and chastise him over the bonuses of AIG. This is a guy who came out of retirement to work for 1 USD a year to try and turn this thing around.
The mob hasn’t changed that much over the centuries.
Ok.
Let’s get over it.
And go elsewhere.
Also the FAS (3x Leveraged Financial ETF) is going down. Yesterday it opened 10% higher only to close 5% down. Is the short squeeze over?
The most popular stocks these days are FAZ and FAS. In this all shorting story of financial stocks, these ETF become increasingly popular.
This is the FAZ (thanks Tim). Look how positive momentum is building like a storm after a hot day. The volume is increasing while the price is not going lower anymore. Ready for this ride?
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