Sunday, December 14, 2008

Needs studying

on why the market went up on Friday, based on the past year's performance, it should have tanked on Friday on both the 50bln ponzi scam as well as the looming GM bankruptcy.

There are some that have been saying that the 50bln dollar ponzi scheme had a lot to do with naked short selling. If that is the case, we may be seeing the greatest short squeeze in history. And make the Porsche/Volkwagen one look like a blimp on a chart.

Plus all the money being pumped into the financial area, we could be setting up for all time highs in the Dow.

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