Tuesday 13 March 2012

JPM sticks it to the bears


Today's 60min cycle on the indexes had been rolling over since about 1pm. That all abruptly flipped at 3pm, due to a press release from none other than the meddling Morgue'.

JPMs news about raising the dividend, along with a major stock buy back has nailed the remaining bears..again. Truly incredible, and real nice timing of them huh?

*doubtless a lot of the regular web/blog posting bears will be going on 'radio silent' this evening, and possibly for some days ahead.

I won't be one of them. More later.