Will Citi Beat the Clock?

by Mr Juggles

Citi (NYSE: C) is going down about 1 cent per minute. It’s at 1.65 as I type this with 160 minutes left until the market closes. Will C beat the clock?

Update: It looks like that Meredith Whitney contrarian indicator must have finally kicked in. XLF is now up on the day despite the fact that there has been talk of nationalizing the two largest banks. I don’t make the rules of crazyland, I just live here.

Update II: They beated the clock! They survived to fight another day! Maybe.

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POSTED: 02/20/09 1:22 PM
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Comments

  1. Anal_yst
    February 21st, 2009 | 5:54 pm

    Oooo, I love watching a good race to the bottom!