Did anything FUNDAMENTALLY change to have caused this rally?
By Daniel at 9 November, 2009, 6:30 pm
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1. Unemployment still soaring through the stratosphere. (check)
2. Dollar still dropping like a bad habit. (check)
3. Oil still rising without justification. (check)
4. FDIC Fridays still occurring on a consistent level. (check)
5. First time unemployment claims still consistently above 1/2 million each week. (check)
6. Hope-a-Dope and Jester Joe are still on their thrones. (check)
7. Congress and Senate with their leader the Wicked Witch of the West still safely escounced on Capitol Hill seeking whom they may devour. (check)
8. Our National Debt Clock still reeling to the Dead and Alive tune “You spend me round, baby right round, like a record baby, round, round, round, round.” (check)
9. Low Volume based trade manipulations (check)
10. All at the expense of an overly printed US $$$ (check)
Gee, I really don’t see any LEGITIMATE reasons that the market should have closed up.
- HonestObserver
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