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Headline on Marketwatch.
Beyond farcical.
Well, we´re not exactly talking epic rallies here and as to why, a 1% gain could just as well be LTRO slosh money.
We've had at least (extremely conservative estimate) 2,000 points on the DJIA, on the back of "greek debt hopes".
Nobody knows how long the Bernanke wealth effect will last, but this market run will end. Monthly chart DJ-30 is not right.
There must be some pent up money from the top waiting to be set free. I took some into the abyss.
If you don't know by now that FREE MONEY WORKS...by now!...then you simply haven't been..."paying attention." CLASS DISMISSED! (I would agree with you however...tis no PANACEA if want to try and make that argument...
German President resigns
Gotta love a Friday leading up to a long weekend leading up to a default leading up to a currency crisis...