After hitting an intraday low at about noon, the market attempted to rebound. At 12:30 however, Treasury Secretary Geithner began his testimony in front of the House Ways and Means Committee, stopping the rally in its tracks.
We all remember how the market reacted to the last speech by the Treasury Secretary. Let's hope that today isn't a replay of that.
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This guy Geitner is like Mush from the movie "A Bronx Tale"...
Posted by: Joe Jibroni | March 03, 2009 at 01:30 PM
You are killing me... lol!!!
Posted by: max | March 03, 2009 at 04:43 PM
So what about today, Timmy spoke and the markets were up all day?
I don't like Timmy, but I think your theory has a gaping hole in it.
Posted by: Boston Dan | March 04, 2009 at 03:39 PM