Panic BTFATHing Sends S&P Above Record Closing High

Obama's message was heard loud and clear: one nation, under Bernanke, buying stawks.

  • S&P 500 RISES ABOVE RECORD CLOSING LEVEL TO 1,725.60

This is what panic buying looks like: a ramp of over 7 points per hour since the open. At this rate, the S&P should close around 1750, and hit 2000 by Halloween.