SPDR S&P 500 (SPY): Well, we still have to see the new home...

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Re: grasshoppah post# 88374

Friday, 09/25/2009 9:03:37 AM

Friday, September 25, 2009 9:03:37 AM

Well, we still have to see the new home sales figure at 10am. Bernanke and Paulson threw billions to save the banks, and as you can see there is very little effect on manufacturing and jobs. The credit situation is still tight. However, they are hailed as heros by W Buffet. The stimulus programs are just that. Pretty soon America has to borrow just to pay the interests on loans.

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