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Re: Market_Fest4 post# 20703

Friday, 09/19/2008 3:14:06 PM

Friday, September 19, 2008 3:14:06 PM

Post# of 50799
I couldn't agree more but let me tell you, the Fed is in this one. They own things they don't want to beyond AIG and the only way to get liquid again is to use the taxpayer to shovel liquidity to the banks who can pay back their loans on collateral the FED does not want. It was a pathetic display of non-free market policy but who says it's a free-market. I don't believe it is or ever will be again, the Uncle is all in, the Fed is all in and they aren't interested in right versus wrong. This was the cannon shot, the adrenalin shot into the chest cavity. Interestingly targeting shorts who make up 5% of all investment, if that. And pay commissions thruout Wall Street....It worked so far, but the credit thing is still here and they have blown alot of fire power in short covering, and levitated the market to where it may not head higher. I see DELL, WMT, MSFT, INTC, TGT down today. Not a harbinger of bullish economic mojo...but of manipulation. Hey but what the hell, we have our fish to fry....I like that GSK is testing our drugs and believe they may be our partner, or one of them.
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