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Re: S&P 500 Spikes 10 Points on the 287,572th European Rescue - this Time by IMF

By: capt_nemo in ROUND | Recommend this post (0)
Tue, 22 Nov 11 10:43 PM | 32 view(s)
Boardmark this board | De's Test Board 		Msg. 36501 of 45651
(This msg. is a reply to 36495 by capt_nemo)
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AND REALITY AHEAD BY A NOSE weeeeeeeeeeeeeeeeeeeeee




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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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The above is a reply to the following message:
S&P 500 Spikes 10 Points on the 287,572th European Rescue - this Time by IMF
By: capt_nemo in ROUND
Tue, 22 Nov 11 9:40 PM 		Msg. 36495 of 45651

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

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This can is going to get wore out LOL

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