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Alias Born 08/27/2007

Re: None

Tuesday, 10/28/2008 4:04:40 PM

Tuesday, October 28, 2008 4:04:40 PM

Post# of 33753
So what happened today? Let's look:

The headlines:

"Closely watched housing index shows home prices dropped at fastest annual rate ever in August "

"Consumer confidence plunges to lowest on record"

"Big Tech Loses Its Safe-Haven Status"

"Treasury official says rescue operation will generate unprecedented borrowing needs"

So how does Wall Street react? dow is up almost 9 percent on word of a rate cut. Yes, a friggen rate cut. LOL.

Wall street truly knows whats best for america. This is because they make wise decisions. All the time. Ben Stein the Nixonite permabull and speechwriter/actor/economist/creationist is really a genius. Just wait and see.
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