Monday, September 29, 2008
Anybody else see the resemblance Elmer and Paulson?
What to do now that the bluff has been called? On a meta level I'd rather suspend habeus corpus than... oh wait. We've already suspended habeus. Ummm, okay. I'd rather suspend the right to face an accuser... oh wait. Trying again; I'd rather suspend the Enumerated Powers Clause than... oh never mind.
There's some asshat on CNBC saying this is a capitulation bottom. No, this is a measured response such that market manipulators are positioned to make more money. That simple. A capitulation bottom is 15% away. I've thrown away my 9600-9800 in favor of 8800.