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Microcap & Penny Stocks : Rat dog micro-cap picks...

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From: Bucky Katt11/22/2006 5:21:53 PM
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Have a nice holiday everyone, and while you are digesting the thanksgiving meal, think about the following, the odds are amazing>

*A Trader friend emailed this:

It has been 95 trading days since we have had a down 1% close. This is 4.5 standard deviations from the historical norm, which means a one in 260,000 chance of happening without the intervention which we have seen.

It has been 917 trading days since we have had a 2% down day at the close. This is 6.13 standard deviations from the norm, and the second longest streak since 1942. The odds of this happening without the Fed's intervention is one in 86,579,799.

It's great to know that your tax dollars are working hard to keep the financial system afloat. But what happens when the support stops, or an event overwhelms the ability of the Treasury to support the market?

Paulson says that they have been able to inflate stock prices more than enough to offset the decline in the value of housing; but what happens when stock prices can no longer be pushed higher without running into foreign sellers of dollar assets? Are we going to buy back all of our overseas debt too?

*Ripped from The Big Picture
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