Ben's Stock Picks

Solid rally today gives the rounding bottom club a sense that victory may be at hand in the ever struggling war between up trenders and down trenders. The long suffering NQ100 took out seven weeks of highs and the SP500 took out the last 4 weeks. Declaring a jubilee on the indebted, the Fed has saved the world, as Wall Street has come to know it, and now much glory can be praised on Mr. Bernanke. First however, he will have to endure congressional questioning tomorrow as to how the Bear Stearns deal came about. The idea of Ben nervously agreeing with the big shots is not to hard to imagine with the JP Morgan suggesting a BSC per share range of greater than zero but less than 30. Then someone whispering in the Fed Chairman's ear and he then asking all around, "how does two dollars a share sound?" Meeting adjourned.