Dow up 300

[Col. Flagg]

http://www.marketwatch.com/

http://apnews.myway.com/article/20090402/D97A9NC03.html

HONG KONG (AP) - World stock markets soared Thursday, with Hong Kong's benchmark vaulting more than 7 percent, as stronger-than-expected U.S. economic figures boosted confidence the world's largest economy is on the mend.

Whew! We can all breathe easier now.

http://www.breitbart.com/article.php?id ... _article=1

LONDON (AP) - Prime Minister Gordon Brown says leaders at the G-20 summit have agreed to give $1 trillion to the International Monetary Fund and the World Bank to help struggling nations around the world.

http://finance.yahoo.com/news/Wall-Stre ... 32575.html

NEW YORK (Reuters) - Stocks jumped on Thursday as changes in bank accounting rules boosted optimism the financial system may stabilize in the short term, while world leaders agreed on measures to fight the recession.

U.S. regulators relaxed rules on how banks price assets, which had shaken financial institutions with hefty write-downs, and leaders of the G20 announced an additional trillion dollars to support the International Monetary Fund and boost trade.

Uh, wasn't easing regulations part of the reason Wall Street turned into a casino in the first place???

[Oldemandalton]

This rally won't last. Remember we are 12 TRILLION into the stimulus/spending so far. Those who perdicted this crash last year say the DOW will be down to 3000 by 2012.


OMD

[Col. Flagg]

This rally won't last. Remember we are 12 TRILLION into the stimulus/spending so far. Those who perdicted this crash last year say the DOW will be down to 3000 by 2012.


OMD

The Dow is being artificially propped up by the 'Fed' and the President's Working Group on Markets (aka the 'PPT - Plunge Protection Team). It is simply staggering how the 'Fed' has no budget, unlimited money to create out of thin air and has never been audited... talk about omnipotence and power... whew! If an audit is ever done of the 'Fed' (which, IMO, is just wishful thinking), they may have to create some new names for financial criminal activity.

Dalton, if you want to see a great 40 minute documentary on the truth behind the 'Fed', check out the thread I started last night in the secret combinations section titled 'Unmasking the 'Fed'.