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jdaasoc

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jdaasoc

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Re: ajtj99 post# 110745

Wednesday, 11/14/2007 6:05:41 PM

Wednesday, November 14, 2007 6:05:41 PM

Post# of 148479
Last hour selloff was inverse of yesterday buying.

The amount of liquidity provided to the broker dealers by hte FED in last two months makes liquidity provided in the post 9/11 era recession era look like chump change

I guess the plunge protection team been meeting with Tony Soprano recently and they been demanding the "vig" from the brokerages firms the at the end of the each trading day.


It is pretty sad state indeed.
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