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A Moment Of Awakening . . .

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MBIa up 6.7% now.

 

You might have noticed that in all the talk of extraordiary measures there had never been a peep about supporting municipal bonds.

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The average American is addicted to excess and will applaud any manipulation as long as it adds to their pocketbook. Greenspan was a genius for arresting the 87 drop. Shrub will be replaced if he is unable to provide adequet excess consumption.

 

The notion that this thing has to correct before it can get better is a foreign concept and not acceptable to the average SM investor.

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for the last 10 days there has been a gap open on every day. What makes it so unusal then that we now have to fill them?! Is this now just a normal occurrence?

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Sweef, sorry you've got the electronic flu too -- guess you got it from me. Must be going quickly through those Minnesota cable lines.

 

Edit: so is this the completion of the Bradley, with that last upswing? Hmm.

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soup,... you gotta be kidd in, research, homework? We got year end bonus checks on the line, maybe even a few firing's.

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1425 should be resistance and is around 38% retrace from last low - per Tim Ord

 

Tim is looking to go bearish down to 1190 july lows

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Guest soup1

I have the question to many folks in many different ways, yet the answer to why this time is different, and why they will be able to magically turn a switch and reflate has never been answered.

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Guest AssMaster

EDS just got borked on Crapvision and shot up to 19. Of course it will probably drop right back to where it started over the day. Any thoughts on it as a quickie short candidate? Of course there is that ominous overhead gap!

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Guest soup1

assmaster: there is talk of EDS getting a big contract, I think w/ a large fin institution

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