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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (8749)1/22/2008 9:44:07 PM
From: Augustus Gloop  Read Replies (1) | Respond to of 33421
 
Borrowing money to send back to people in hopes they'll spend it is just so....STUPID! I kind of wondered why the fed didn't cut last Friday to screw the shorts and options players. I really think we'd have gotten more mileage from that than the reaction cut today. I don't know....these guys have forgotten more than I'll ever know but I was just SURE they'd screw the shorts last week and when they didn't only to react today it made me wonder WTF they were thinking.

Does any of that make sense?