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Tuesday, March 3, 2009

Second Chance for Tim

The Tim we know, Tim Geithner. Today at 12:30 EST our supposedly financial savior will testify on President Obama's budget plan. The last testimony was a disaster as the new appointed Treasure Secretary failed to deliver any detail about the financial rescue plan and caused planic and sell-off to the financial industry. On the other hand, Bernake's testimony gave optimism and helped to spark a short rally.

So it is now about an hour away from Tim Geithner's second chance to bring investors confidence back. It is really critical as the investors are looking for any, if there is, positive comment out of the dismal situation. So Tim, here's your second chance. Don't screw it again.

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