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

To: Think4Yourself who wrote (109103)3/11/2008 3:55:46 PM
From: Smiling BobRespond to of 306849
 
You're right about today
Looks like we're closing with a full crest of feathers, and everything jumped on the bus that I walked in front of.
Many stocks up double digits.
Ouch! I got bit by something in the rain forest



To: Think4Yourself who wrote (109103)3/11/2008 3:58:48 PM
From: PerspectiveRead Replies (1) | Respond to of 306849
 
I think that much of the pressure on *most* stocks (excluding banks) has derived from the absence of stock buybacks, the impairment (if not just distraction) of the gambling arms of the broker/dealers, and J5P selling stocks to fill the SUV.

This helps the banks' balance sheets a ton, but I'm still not sure how much buying power it returns to the stock market.

`BC


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