DOW touched by the hand of God today
Anyone else see the miracle take place during the last hour of trading today?
Nothing but bad economic news throughout the day as the DOW struggled to keep its early morning opening gains... then out of nowhere, at precisely 3:00 (one hour before close of market trading for the week) the hand of God reached in to revive the DOW - spawning a nearly 500 point gain - so that it would close above psychological 8,000 threshold.
Regular readers here can certainly sense my blatant sarcasm, but for any newbies, please understand that I really don't believe this end of day rally had ANYTHING to do with the "Hand of God" (unless of course, Paulson, Bernanke, Cox and Lukken somehow now feel god-like).
No, this was a CLASSIC Plunge Protection Team (PPT), taxpayer-money infused, end of week rally - a covertly executed, back-room game of charades played on a blindly trusting, and unsuspecting public to build confidence in our collapsing "Free Market Economy".For more on the Plunge Protection Team Click Here
Just in from FOFOA: PPT EXPOSED!.... in Poland?