Industrials: Biggest 2 day rally since 1929
Classic Bear Market rally:
click for ginormous chart
Chart courtesy of FusionIQ, Bloomberg
C>>
Best 2 day the Dow has seen since 1929 -- and how'd that work out for ya?
A 29% rally, followed by an 86% sell off . . .
Friday, September 19, 2008 | 02:03 PM | Permalink
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Hah! I just closed on $7.2 million of distressed mortgages at 57% of the debt for an outlay of $4.1 million. The government will pay me $3.1 million to get whole!
That means that every man, woman and child in Amerika owes me a penny. And when I lever it up 30 times… you all will each owe me 30 cents!
Hey, this capitalist matrix sh-t is fun!
Posted by: TG Randini | Sep 19, 2008 2:06:43 PM
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