Wednesday, April 29, 2009

Administrative Note

I'm on the road this morning so no time to blog. Besides, what else is there to mock, other than Citigroup needing more capital on one front page, contrasted with Citigroup asking for permission to pay excess bonuses to its energy traders because they're threatening to flee on another?

If I think of anything intelligent to say about the Fed's announcement this afternoon, I'll comment later. Otherwise, I fully anticipate the market to open down, rally back, and then close unchanged. Isn't that what it does every day?

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