http://www.rollingstone.com/politics/story/26793903/the_big_takeover/1 re post of some TRUTH, if you missed it, don't 2nd time around. This article should enlighten, make you MAD AS HELL, and show you how we the taxpayer are getting screwed and bent over and the architechts of our destruction get paid.
45% of SURPRISE HOUSING DATA that helped spark HUGE RALLY was "foreclosure sales" also helping figures was weather pattern for comparison between JAN/FEB.....but it got reported as if turnaround was guaranteed.
5 90% UP VOLUME DAYS IN LAST 10 trading days is unprecedented!
IMHO, and it's a good one, maybe first since Bear started in OCT 2007, this IS a bear mkt rally, NOT a NEW BULL MKT only BULL is what CNBC and media/gov/FED are feeding us.
CALLS vs PUT buying is at some of its WILDEST extremes......AAII poll shows dramatic reversal of bull bear per cent....it didn't take much.
VIX ended day above 42....http://stockcharts.com/h-sc/ui?s=$VIX&p=W&st=2000-01-01&id=p83054640202&a=163869814 VIX TELLS A STORY
D
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