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.