Lasted about 5 minutes, then reality, then here comes the algos. Like this articles first line says.
This is getting tiring .... but for the upteempth time we have headlines driving the market, as yet another rescue fund is put into place.
Conveniently the S&P 500 bounced right off yesterday's lows (1184) to 1194ish. Based on how each iteration of the drugs offered by the powers that be has less effect, I expect the euphoria of this headline to wear off within 30 minutes.
Via Zerohedge
http://www.fundmymutualfund.com/2011/11/s-500-spikes-10-points-on-287572th.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+FundMyMutualFund+%28Fund+my+Mutual+Fund%29
This can is going to get wore out LOL
Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.
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