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Old 02-24-2009, 04:31 PM   #34
RIJIMMY
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Join Date: Aug 2003
Location: TEXAS
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read the entire thread above and then read today's headline below. I've been telling you markets REACT to news. As Buckman stated, it has consistently reacted negatviely to Obamas stimulus and TARP and you guys give this long blah blah nonsense on why......well read below. You are full of crap. One announcement and the markets up


Stocks jump after Bernanke says recession may end

AP – Federal Reserve Board Chairman Ben Bernanke testifies on Capitol Hill in Washington, Tuesday, Feb. 24, … NEW YORK – Federal Reserve Chairman Ben Bernanke has given Wall Street a double dose of reassurance. Bernanke has told Congress the recession might end this year, and that regulators aren't planning to nationalize banks. The news alleviated some of investors' worries about the economy and the banking system, and lifted the Dow Jones industrial average and Standard & Poor's 500 index off their lowest levels since 1997.

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