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To: TigerLikesRooster

Byron Wien was the guest host today — still defending Obama and his policies and reluctant to admit to the many many mistakes.

I didn’t see this segment but I think the guy makes a good point regarding the plunge protection team. Yesterday’s rally could represent such a manipulation because the technicals in this “rally” really are looking weak and maybe dangerous.


11 posted on 07/08/2010 9:07:57 AM PDT by ReleaseTheHounds ("The problem with Socialism is that eventually you run out of other people's money." M. Thatcher)
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To: ReleaseTheHounds
I think about this every day. Either we have a plethora of money managers who are acting like Crazy Sex Poodles and buying at the fist glimmer of positive news, or, we have a government who is propping up the stock market in some crazy attempt to influence the November elections. Either way, this is not a sane market and I'm no the sidelines because I just KNOW something is out of whack here and I don't want to be without a chair when the music stops...
14 posted on 07/08/2010 9:11:15 AM PDT by April Lexington (Study the constitution so you know what they are taking away!)
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