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


To: Giordano Bruno who wrote (120013)5/1/2008 4:23:24 PM
From: DebtBombRead Replies (2) | Respond to of 306849
 
"Wasn't the PPT extra frisky today?" Yeah....maybe it's the rebate check rally, ho ho ho. S&P futures are too manipulated....got to get something they can't screw with. Long term. It won't be long....oil will be $300, IMO.



To: Giordano Bruno who wrote (120013)5/1/2008 5:05:14 PM
From: Paul KernRead Replies (1) | Respond to of 306849
 
Wasn't the PPT extra frisky today?

Sorta kinda. Uncle Benny and Uncle Hank take their crappy, most worthless paper and give them treasuries that they can then give back to the Fed for dollars which they can then use to speculate and manipulatre the markets.

If they, by slim chance, lose, there is more where that came from.

Head they win. Tails they don't lose.

Whatta system?



To: Giordano Bruno who wrote (120013)5/1/2008 6:47:05 PM
From: Les HRead Replies (3) | Respond to of 306849
 
Looks like coordinated USD intervention started about 3 a.m.

In here is an admission that OPEC member governments have already started depegging from the dollar

bloomberg.com