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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (344801)10/2/2007 4:16:12 PM
From: Real Man  Read Replies (3) of 436258
 
Well, spoos are down -.41 today, that after being up huge since
August and being deeply overbought. They did lose control of
it for a few weeks in late July and August and for a day in
February. Control has not been lost before 2007, not even
for a day -g- On the other hand, you can explain all this
by ample liquidity and the presence of volativity sellers.
Liquidity is back, so volativity sellers are back.
The latter explanation implies a crash some time in future, that
for sure will be countered by some Fed words and actions.
I wonder what the officials parade and the yapping was all about
in August when the market was down a bit. What, they can't handle
a 5% decline? Why? No buyers? -g-
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