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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: MulhollandDrive who wrote (84551)8/10/2007 6:28:27 PM
From: Elroy JetsonRespond to of 306849
 
There's a good reason the flat close feels artificial.

I just want to know who's paying for it. The taxpayers no doubt.
.



To: MulhollandDrive who wrote (84551)8/10/2007 7:00:00 PM
From: THRead Replies (2) | Respond to of 306849
 
MD,

It is.

A fantastic week. Even if I'm lighter in the profits than last week. Say 20 hedge funds are gone. The world is already a better place. Now we have 4980 more to go. Parasites we are better off without.

I'm hoping the best christmas bonus on Wall Street this year is that you get to keep your job, or your firm is still solvent.

The market is now damaged beyond repair. And everyone outside of the USA recognizes our greatest <manufactured financial products> are garbage. The stink from Wall Street is drifting around the world, and the world wants fresh fish.

I believe the homies rallied only because funds needed to trade out of their short winners to cover the failed longs. I don't understand how oil got wacked so hard, but I bet Goldman had something to do with it.

Have a great weekend everyone

TH