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Strategies & Market Trends : Can you beat 50% per month? -- Ignore unavailable to you. Want to Upgrade?

To: Land Shark who wrote (12607)	12/6/2007 5:30:02 PM
From: Smiling Bob	Respond to of 19256

The only stretching being done here is the rationale being used This market should be collapsing in response, but this says the plan is so wonderful it was worthy of a second rally. They could run this right back up to highs with rate cut filling in the hole. High hopes were supposedly extinguished yesterday, which is why they said we rallied then. These reporters and news sources really need to sit back and review their own inane ramblings. --- Stocks Rally Again on Mortgage Plan Thursday December 6, 5:07 pm ET By Madlen Read, AP Business Writer Wall Street Rallies Once Again on Bush Plan on Mortgage Rates, High Hopes for Fed Rate Cut NEW YORK (AP) -- Wall Street rallied once again Thursday as investors bet that companies hurt by the housing crisis will benefit from a government plan to help financially stretched homeowners and from another interest rate cut.