Yes it does.
Geithner is looking like a sardine in a shoal of sharks.
ATM DJIA futues in red freefall ( as they have been since end of close Friday)
As much as it pains me I cannot see any thing to stop a fall to 7000 and below.
There is an acute Market need for Geithner and Obama to speak very soon giving clear, positive and precise details of their plans. All we are hearing is Obama telling everyone the worst is yet to come and Geithner saying he has a plan but cannot say what it is. How can a market get excited or even feel any stability about those sentiments!
This must be seen as acutely clear by their advisors and the speeches they write must contain some spark...
If they dont then its freefall I reckon.
I can see an address by them both very soon.
I hate being bearish, but its not looking good for the yanks and their market, which means it aint looking good globally.
wheep0
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