UPSIDE EXPLOSION

AN ECB $1 TRILLION fund is now available for, you guessed it BAILOUT not companies or banks but whole countries, how splendid!

Understand this, anyone tapping this money will be FORCED to invoke STIFF austerity measures, the kind that has caused RIOTS in Greece....but basically these countries are bankrupt.

I told you oversold was going to get corrected....and how with futures pointing to a PLUS 50 ZUTZ on the SPX, I have never seen that number before....more strange happenings in the supposed free market system.

Will this be enough to show, don't mess with the Zohan of market manipulators? tune in.

ONE point I noticed, CHINESE stocks were limited to a mere 10 point gain...so odd....

ZILLOW.COM just released housing data,,,,,,23% of homeowners are "UNDERWATER" upside down in their homes! and home values slipped another 3% plus

Add to that what we do know now, MANY have stopped paying and are walking away from homes.....many staying FOR FREE paying nothing until bank forecloses.....and this has freed BILLIONS into consumer spending...how clever.

But the BANKSTERS don't seem to have to account for the drop in valuations! how convienent.....crisis over?

D