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


To: The Reaper who wrote (294228)11/29/2010 3:51:43 PM
From: Giordano BrunoRead Replies (2) | Respond to of 306849
 
If they dump ES AH again it's a pattern.

Surely a double POMO day resulting in a red close would have been a massive slap in the face to the only trading desk that actually trades anymore (that situated at Liberty 33 for the cheap seats).
In other words, a complete reversal from the day's low has cost US taxpayers only $9 billion in future debt that will never be repaid. To everyone involved it seems like a perfectly fair squid pro quo.
ZH