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?