From Meltdown to Meltup

Posted by Howard
on August 22nd, 2007

Man were the leaners and momentum shorts wrong. Somebody hates them. They are going to feel Like Steve Martin did below:

No sooner does my post speculating about a housing bottom dry than Bank of America plunge protects Countrywide with $2 billion .

I could care less about the financials and homebuilders because I don’t own them, but the tech leaders are going to explode and I own a lot of them.

I don’t know if Bank of America can fix things, but they are going to put a new world of hurt on the shortsellers once again.

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