5 Signs the Bailouts Are Getting Better

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that some of the recovery in the stock market, especially the financials, is due to the "shorts" realizing after 3/9/09 that there then was little to no room for whole sectors to go lower than they already had been pushed.

When "shorts" cover and stop further shorting, markets go up----fastly, for a moment anyway.

Whether a share of Citigroup is really worth $1.00 (at the low) or $4.00 (now), or something else--- remains to be seen.

Muser of NM 11:14AM May 07, 2009

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Rick Newman

Rick Newman

The global economy is mysterious, even scary. Chief Business Correspondent Rick Newman connects the dots. In addition to his writing for U.S. News, Rick is the co-author of two books: Firefight: Inside the Battle to Save the Pentagon on 9/11, and Bury Us Upside Down: The Misty Pilots and the Secret Battle for the Ho Chi Minh Trail.


Read Rick's latest blog entries here.

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