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I have a couple new ideas on investing based on sentiment as well, and they say get the heck out. One of those involves any time birchtrees rank is above mine, like now.
But we shall see.........tuesday-wednesday bigtech earnings shall be interesting.....there are many that think AAPL will surprise, for example.
There was talk Friday reported on CNBC that Goldman Sachs and J.P. Morgan were in talks with CIT to provide a short term loan to hold them over. I suspect that some of the private equity guys will step in to provide funding also. This is all bullish because it denotes that nongovernmental funding is available in the capital markets showing better health than a few months ago. I'm going to hold my CIT and if it gets over $3 I'll pile in for more shares - three years down the road it will be golden - the same applies for C.
Just shaking the fleas off my friends.