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The Despair Scare: One Year Later

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Enjoy the rally respite while it lasts.

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We've come a long way in just one year. 365 days ago, we were navigating the Bear Stearns (JPM) scare, the bearded nationalization of Fannie Mae (FNM) and Freddie Mac (FRE), the collapse of Lehman Brothers, the implosion of AIG (AIG) and Washington Mutual, Martial Law for the Markets and awaking thereafter Back in the U.S.S.A.

Join Todd as he takes a look at how the year has passed since those daunting times. Todd revisits a letter from the Mailbag that sheds some light on how to trade this most tricky tape.

Click below to watch the video.

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