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To: broadstbull who wrote (378023)	11/18/2008 7:03:40 PM
From: stan_hughes	4 Recommendations Read Replies (3) \| Respond to of 436258

I have been telling anyone who cares to listen to me the same thing for weeks now, ever since it first traded down there -- and there is no doubt in my mind whatsoever who it is who's supporting that price level, nor yours I suspect When the Nasdaq collapsed I recall numerous times when we would play "knock 3 times" on a level before it eventually broke, sometimes more -- think of it as someone trying to pump the brakes instead of sliding directly over the cliff Depending on your views as to how long it will take before we slingshot into Zimbabwe mode (i.e. once all this new money they're creating and spending on bailouts finally gets some traction), then either (a) 850 will fall and they will have to set up shop again at a lower level, or (b) 850 has already been selected as the chosen gantry floor location of John Q Public's now inevitable rocketship ride to price index hell, while wearing only a bikini strap of a seat belt in the form of a 1% federal funds rate to restrain the G forces (not G as in Gravity, I mean G as in price Growth). Once all that new money they keep creating ignites, it's going to be one helluva ride A club sandwich and a beer might cost $185 to celebrate Dow 20,000 by the time the ride is over, but owing $650,000 against your trailer won't be a big deal anymore because your average 2BR double-wide will cost $2 million. And the US stock indexes will be leading the world in percentage gains too, just like the stock market in Zimbabwe did for several years -- one need only look at what great shape they're in these days to see what a fine strategy money creation is Yep, Hank and Ben have got it all figured out