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Market's Up a Little Over 250 Points - That's Refreshing

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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 11:57 AM
Original message
Market's Up a Little Over 250 Points - That's Refreshing
Not that its a sign of good times anymore than a spring shower marks the end of a drought. I'd be please to see it up if it were not for the seeming inverse relationship between the current value of US markets and the US dollar.
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Tandalayo_Scheisskopf Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 11:59 AM
Response to Original message
1. There is most assuredly...
A well-proven inverse relationship between market performance and the socio-economic performance of the economy.
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They Live 1988 Donating Member (42 posts) Send PM | Profile | Ignore Mon Mar-24-08 06:36 PM
Response to Reply #1
15. I am glad this market is rallying
Every 200 points up makes entering a new short position later ever more appealing. Such is trading in a bear market.
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El Pinko Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 11:59 AM
Response to Original message
2. Dead Cat Bounce.
NT
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Warpy Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:48 PM
Response to Reply #2
12. Sucker rally, bull trap, whatever
It's not going to stay up for very long, IMO. This is a reaction to the new Bear Stearns deal that didn't shaft their shareholders quite as thoroughly.

The other economic news isn't enough to justify a go-go market.
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alfredo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:01 PM
Response to Original message
3. How will that help me buy food at the grocery?
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:09 PM
Response to Reply #3
7. We may have to begin eating shredded FRBNs
...Republicans and the right wing are traitors to the U.S.
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ThomWV Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:12 PM
Response to Reply #7
9. Maybe they can market it under the name "Soylent Green"
With appologies for not haveing a clue how to spell 'Soylent'.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:15 PM
Response to Reply #9
11. Excellent idea, but under the brand name of "Soylent Greenbacks"
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alfredo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 06:17 PM
Response to Reply #7
14. Eat the rich.
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 09:33 PM
Response to Reply #14
17. That statement just turned me into a vegan
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alfredo Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 09:50 PM
Response to Reply #17
21. Unappetizing to the max. No amount of garnished can make it otherwise.
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icnorth Donating Member (954 posts) Send PM | Profile | Ignore Mon Mar-24-08 12:06 PM
Response to Original message
4. Hell yeah!!!
Markets up, price of oil down. Let the good times roll. :woohoo: :sarcasm: off
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:10 PM
Response to Reply #4
8. ...price of gasoline at the pumps is up by seven cents a gallon
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whistle Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:06 PM
Response to Original message
5. All Ben Bernanke has to do now is infuse $400 billion in newly printed
...bailout fiat Federal Reserve money every 24 hours into the investment banking community and the stock market will soar into the stratosphere!

Sixty more days of this kind of monetary lunacy and the whole system will totally implode :wtf:
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Javaman Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:08 PM
Response to Original message
6. just more helping the rich kill the poor. inflation anyone? nt
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sharesunited Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 12:12 PM
Response to Original message
10. Look at the weekly charts of major indicies.
These rallies just give large holders an opportunity to move out of equities. More downside to come.
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 09:39 PM
Response to Reply #10
19. Keeping The Rabble In Steerage
Whilst the elite gently climb aboard the few lifeboats on the Titanic.
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SoCalDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 01:03 PM
Response to Original message
13. PPT at work.. n/t
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stubtoe Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 06:46 PM
Response to Original message
16. Maybe more like "bipolar" nt
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avenger64 Donating Member (554 posts) Send PM | Profile | Ignore Mon Mar-24-08 09:34 PM
Response to Original message
18. The rollercoaster goes up....
... and then it goes down. Then it goes up, and then...
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Yavin4 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Mar-24-08 09:40 PM
Response to Original message
20. The Fed Has Cut Rates To Below 3% Again
That's why the market has moved up. It's killing CD rates, so fixed income folks have to get into the market or lose money. That's the reason for the rally.
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