See if you feel like a yo-yo after this pack of contradictory bulls***:
"Technology stocks looking good" by Eric Martin and Michael Tsang, Bloomberg News | April 28, 2009
NEW YORK - Technology companies are piling up cash and cutting debt faster than those in any other industry, a signal to investors that they will rally, even as evidence mounts that the stock market's fastest advance since 1938 is in jeopardy....
But wait:
"In this recession, there's a glimmer of hope."
And more good news!
"Home prices post loss, but no record is set" by J.W. Elphinstone, Associated Press | April 29, 2009
NEW YORK - In another sign the housing crisis could be reaching the bottom, home prices dropped sharply in February, but for the first time in 25 months the decline was not a record"
Translation: We are STILL SINKING but LESS WATER is coming into the BOAT!!
That's the GOOD NEWS!!!!!!
"The banks' options are designed to ensure banks have enough cash to withstand the mounting loan losses they would absorb in a bleaker economy"
Whadda ya mean bleaker economy?
"The reports signaled the recession's grip is loosening....
Yesterday's confidence figures corroborate other reports"
Not for everyone: Clear Channel trimming 590 jobs
Had enough of the AmeriKan MSM yet?
