Is the Financial Crisis over?  NO WAY!!!

Is the bottom near, I believe so!  A friend asked me if we would hit 5,000 on the Dow.  Then, I said didn't know.  NOW?  I would have to answer, I believe not!  I reproduce the NASDAQ below just because they had the largest increase (only in 5% level for Dow and 6% for the S&P 500):


So what's the deal?  CEO of Citigroup said that the company had been profitable for two months!  WOW, THAT *IS* good news!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Citigroup jumped 38 percent as Chief Executive Officer Vikram Pandit wrote in an internal memorandum that the bank, which reported five straight quarterly losses, was profitable in the first two months of 2009. JPMorgan Chase & Co. climbed 23 percent and Bank of America Corp. surged 28 percent as Federal Reserve Chairman Ben S. Bernanke urged an overhaul of financial regulations. General Electric Co. rose 20 percent, its steepest advance since at least 1980.

You've got it right there!  Enough said!!!