| Yeah, the Plunge Protection Team had to do something yesterday. After 5 rate cuts of a 1/2 point each, on Tuesday when the markets went nowhere, people started thinking, "OMG, 5 rate cuts of a 1/2 point and no rally, this is like 1929-30". So, they had to do something, IMO. But, the media will tell you something different, like mom and pop came home and decided to move their money into stocks, yeah right. We'll see how long this last, but they won't suck my money in on the longside. I saw many of these BS rallies in the fall, and we know where it all ended up. |
