Tuesday, June 29, 2010

S&P 1041 über alles

So Goldman Sachs and its affiliated HFT bots (which by the way caused the shares of Citigroup to momentarily crater 20%) staged a stick save (what a surprise) and brought the S&P 500 Index back to the neckline.

"See, it held! The market is strong! It's time for a powerful rebound! Economy is strengthening! Or so we were told by the dear leader just this morning!"

Everybody knows...

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