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Where do you hide ? This bear rally had nothing to do with "nothing from the White House".
It was the banksters and GM touting that all was rosey and profitable in their houses.
Actually, the reason for the DOW's climb over the last few days is that Citigroup, BOA, JP Morgan, and GM have turned profits or at the very least will not need more money in the foreseeable future.
Anybody with an IQ above the DOW's gains today could have figured that.
Actually, the reason for the DOW's climb over the last few days is that Citigroup, BOA, JP Morgan, and GM have turned profits or at the very least will not need more money in the foreseeable future.
Anybody with an IQ above the DOW's gains today could have figured that.
Those companies were dirt cheap too. There is a lot to gain but not much risk.
Actually, the reason for the DOW's climb over the last few days is that Citigroup, BOA, JP Morgan, and GM have turned profits or at the very least will not need more money in the foreseeable future.
Anybody with an IQ above the DOW's gains today could have figured that.
Really they wont need more government bailouts I guess we can stop asking where the money went to right.
Since the tax payer bought them out and they made a profit I would expect them pay back what they borrowed soon.
Really they wont need more government bailouts I guess we can stop asking where the money went to right.
Since the tax payer bought them out and they made a profit I would expect them pay back what they borrowed soon.
Not quite yet. I'm sure they couldn't have made that much in 7 days..remember last weekend they were on the brink of either bankruptcy or nationalization.
We have to give them at least 1 more week before they have to pay us back
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