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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: stockman_scott who wrote (71460)	11/20/2007 3:52:02 PM
From: sea_biscuit	Read Replies (1) \| Respond to of 116555

From Briefing.com - 3:35 pm : The major indices rebound following a surge in broad-based buying interest. The financial sector (-1.8%), in particular, has shaved a large portion of its losses. There is not a specific news item to account for the pop Duh. It's 3:30pm and two days before Thanksgiving Day and three days before the shopping season starts (when we get the "privilege" of seeing people trampling over one another in stores at 3am in order that they can charge their 22.9% interest-rate credit cards and buy a digital camera or an XBOX or Halo game or whatever sh**). Isn't that enough reason to paint the tape?!