WATCH FOR A LOT OF NEUTRALIZATION OF DECLINES FOR THE REST OF THIS YEAR...
THAT'S WHERE THE TARP MONEY IS GOING NOW...
YES, INTO THE INVESTMENT BANKS AND HEDGE FUNDS...
BUT VIA PLUNGE PROTECTION .... NOT EQUITY AND SHARE PURCHASES!
BUT IN A SENSE THE GOVERNMENT IS "PURCHASING BANK EQUITY"...JUST IN A DIFFERENT WAY...VIA PLUNGE PROTECTION AND STOCK PRICE SUPPORTS AT THE NYSE!!
