Is another Geithner rally brewing?

Although the TA action clearly shows we will retest the November lows soon, nothing goes down in a straight line. Essentially the market will give itself some bullsh*t reason to bounce higher....I think Tim Geithner's confirmation as Treasury Sec. will be that reason (remember we rallied hard when Geithner was nominated...another bullshit reason in hindsight).



So why hasn't wall street already priced in the confirmation? Because of some bullsh*t tax evasion excuse...puhhhlease, every motherf**ker in Congress evades taxes in some form or another (Charly Rangel? etc.). Nevertheless, the idiot talking heads at CNBC keep yapping about this tax issue...so I figure wall street is buying into it as a serious "hangup" because: "If CNBC reports on it, then it must be pertinent information."

And yes I do believe wall street is stupid enough to watch and believe CNBC.

P.S. Confirmation Vote is set for Thursday.