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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 (128626)6/12/2008 4:04:39 PM
From: Jim McMannisRead Replies (1) | Respond to of 306849
 
GM 15.76...multi decade low...
figuratively speaking...



To: Giordano Bruno who wrote (128626)6/12/2008 4:13:10 PM
From: Peter VRespond to of 306849
 
No kidding. Nice EOD ramp.

[edit] Archimedes, I don't know if it was the PPT, but somebody hit the buy switch to turn around a diving market into the close. Look at the charts for all the major indices. What was the impetus to turn all the major indices around?

Do all the floor traders see somebody buying and decide to turn the whole market in the opposite direction?

I don't really know. Do you?



To: Giordano Bruno who wrote (128626)6/12/2008 4:15:24 PM
From: Archie MeetiesRead Replies (5) | Respond to of 306849
 
When the market goes up, you shake your head and say it's always the ppt. When it goes down, do you think to yourself "my shorts are really working today"?



To: Giordano Bruno who wrote (128626)6/12/2008 6:37:51 PM
From: bentwayRespond to of 306849
 
"Chalk one up for the PPT."

Can't have the market close below 12k! People would talk..


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