Has anyone else noticed the odd reaction of the market lately? Seems like regardless of bad news, the market keeps going up. Is this because the international markets are that good or is it because the local markets are holding on (or are the Feds propping it up).
Really strange to me... Is anyone else seeing this problem?
Here’s another way to view this ->
Is the Fed Pumping Up the Market?
(YES! To make Obama look good)
Rush Limbaugh ^ | September 28, 2010 | Rush Limbaugh
http://www.freerepublic.com/focus/f-news/2598793/posts
Our government is indirectly giving money to OTHERS to buy stock to make the stock market look good.
Here’s another answer ->
...
RUSH: Yes. The Federal Reserve is providing money for banks and others to buy stock, yes.
CALLER: Okay. First of all, are you sure of that information?
RUSH: Well, it’s coming from one of there are multitudinous websites, these tips, these Wall Street guys, independent analysts and advisors and the group that I — you know, everybody has these sites that they latch onto if they turn out to be true about the right number of things you listen to. I can’t think of the name right off the top of my head, but this is what the conventional wisdom is. It’s not just this website saying it. A bunch of others are saying it, as well as the fact that it’s not your average, ordinary Joe buying stocks. It’s the fed propping it up plus the people who are buying stocks are excited about the possibility that the Democrats are not going to be running Congress soon.
CALLER: Okay. Second of all, could you possibly give me the Web address so that I can check this out myself?
RUSH: Well, see if I can find it here. Are you saying that I’m making this up?
CALLER: Professor, just following the advice that you yourself once said when I first started listening to you 19 years ago —
RUSH: All right, here’s the website. This is one of many but one is The Motley Fool.
CALLER: Sorry?
RUSH: Is fed buying behind the stock rally. Are you ready?
CALLER: Yes.
RUSH: http://www.fool.com/investing/general. And then 20100108, “Is Fed buying behind the stock rally?” APS. You go to Motley Fool and search, you’ll find it.
CALLER: Okay. And one last thing. Is there a timeline approximately how long this has been going on?
RUSH: Recent.
CALLER: I’m sorry?
RUSH: Recent. September. September is normally a swoon for the stock market. Stock market traditionally loses value. The short sellers make out big time. The the people that traditionally count on a market decline in September are getting sandbagged here because the market’s skyrocketing as you can see. It has the whole month. It’s shocked everybody. People are trying to figure out, “Why, okay, why is this going on?”
CALLER: Okay —
RUSH: Here’s the question. “Do we have the Federal Reserve to thank for the recent stock rally? The only logical answer is yes, according to TrimTabs, a research firm that tracks money flows in and out of the stock market.” There’s a line of reasoning here because stocks gain $6 trillion in aggregate market value in mid-March and it’s really ratcheted up in September. And the average guys on the sideline here, Joe, the average guy is on the sideline, the average guy is staying out because the tradition is the market loses value in September. It’s all about propping up Obama. Call Ben Bernanke and ask him, if you can get through.
BREAK TRANSCRIPT
more here
http://www.rushlimbaugh.com/home/daily/site_092810/content/01125113.guest.html
The stock when DOWN today because the GOVERNMENT ran out of money to give out for others to buy the stocks. Obama is indirectly manipualting the stock market to look GOOD for the election. He needs things to look good to salage who ever he can. He knows he is in trouble.
The bad news is that even if the GOP gets the majority, Obama will continue to “appoint” people and by pass the Senate.
Getting the picture now?
ALLOT is at stake so the cheating and fraud will accelerate.
The Obama administration is giving out money behind the scenes to PROP IT UP for the election.