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Ek

08/17/07 9:15 AM

#106736 RE: michael03332002 #106735

trouble is, after you throw them out, we, who will then have to govern, will end up doing the same thing..humans are greedy, no matter what your disposition...in time, power currupts.
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sylvester80

08/17/07 9:16 AM

#106737 RE: michael03332002 #106735

Clearly it looks like Cramer & the rest of the Wall Street crooks use the FED as they please. Corruption to the Nth degree. I agree with you. This country needs a revolution.
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gloe

08/17/07 9:30 AM

#106740 RE: michael03332002 #106735

I agree with you about what was happening, but you are not defenseless. Look at a daily chart of SPX -- at yesterday's lows, it hit its 400 day MA on the botton, and close to its March lows. Look at a 30 min chart of ES with the chaikin oscillator (3,10). Or any of the main index futures. Obvious bullish divergence all afternoon during that hard sell off as the chaikins barely went down.

I literally called the bottom over at the CS board. We were short Russell futures and I told my friends I was closing my short because the SPX had hit strong support. Here it is in real time: http://investorshub.advfn.com/boards/read_msg.asp?message_id=22125796

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