Citi making me MAD $$$$$ today
 

Thank the wonderful lord for an incredible turnaround in the banking sector today. :thumbsup

but for how long?

BAC & C kicking ass!!!

Here are the Macroeconomic assumptions for the stress test that will be performed on all banks.

GDP
Baseline forecast: 2009. -2% 2010 +2.1%
Adverse condition to test against (Probability 15%): 2009 -3.3% 2010 +.5%

Unemployment
Baseline forecast: 2009. 8.4% 2010 8.8%
Adverse condition to test against (Probability 10-15%): 2009 8.9% 2010 10.3%

House prices
Baseline forecast: 2009. -14% 2010 -4%
Adverse condition to test against (Probability 10%): 2009 -22% 2010 -7%

what is citi?

CitiBank

Nice to get some of your tax dollars back...

great links angelsofporn

serious bot action here.

Good for you.

I think he was just referring to the links in his sig.

Either he owns all those programs, or he's a total newb. Either way.. great links indeed! :1orglaugh:1orglaugh:1orglaugh

A lot of banks up another 7-10% today.

Be interesting to see how the stress tests go.

Unfortunately Citi is going to ruin my day for the forth time this month... Going in today to their overcrowded branch to stand in line for an hour to have them tell me why they can't reset my netbanking password or unblock my debit card.

That bank has gone so downhill since Citi bought them 6 months ago, I'm switching.

Hopefully you got out in time, down 30% today.

Yeah.. hopefully you pulled your profits yesterday... shocking opening this morning.

I'm playing gold options right now, some cheap calls and covering puts to be had still.