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EYE_ON_WALLST

08/31/07 12:46 AM

#562283 RE: zhina #562282

Probably some buy orders kicking in above the downtrend line would be my guess.
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EYE_ON_WALLST

08/31/07 12:46 AM

#562284 RE: zhina #562282

OK...what is wrong with this pic...

- White house wants to lower expectation benchmark on Iraq to be compared against (instead of shooting for "A" try to avoid a "F")
- Yet increase the budget for Iraq war by $50B
- Yet increase troops
- Commanders in Iraq say they can't win
- Commander says we can't win against the Taliban (what kind of a message that sends to the enemy?

Are we all dumb or just pure paralized?

Meanwhile, we went from a surplus to multi-trillion deficit in the last few years! I don't know corporations profits have increased but the dollar is cut in half!

But, hey my Martini is still DRY!!!





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TJ Parker

08/31/07 12:55 AM

#562285 RE: zhina #562282

perhaps related to this:

Bush Plans Loan Relief on Housing
http://www.nytimes.com/2007/08/31/business/31home.html?_r=1&hp&oref=slogin

market seems to like it when the clueless become clueful. on the other hand, the proposed remedies hardly seem adequate.
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plexxus

08/31/07 1:35 AM

#562286 RE: zhina #562282

Watch that 13,300 downtrendline on the Dow. If that clears the Dow should turn directional to the upside.