Monday, August 31, 2009

Market Spin update:



1. accounting rule change manipulation,

2. stop melt-down hope manipulation,

3. bailout manipulation,

4. short squeeze manipulation,

5. better than worst expectation E.R. manipulation,

6. slower job loss manipulation,

7. jobless recovery manipulation,

8. not so bad hope manipulation,

9. economy will be much worse than expected... SPX 1038 Obama 8/25/09,

10. clunker deal manipulation,

11. don't worry about China or Sept/Oct...

So, we are pumping financial markets which can be sweetly drained at the time when we want to.Many Americans are broken, it is not 1990s or early 2000 when Americans still had some buying power. Americans are no longer wealthy -- even though some are hyping markets, the reality is many Americans are broke and big funds are already in the markets.

$COMPX 2009.06
$INDU 9496.28
$INX 1020.62

Even though the Fed/Gov is pumping markets, rich is already rich, and middle Americans are already spent.

There will be millions of Americans ending their UE paycheck ending in a few months; then, we will have more bankruptcies as well as commercial bank loan troubles.

This is not 1990s, not 2000s when Americans still had home equities to spend; now, those are all spent.

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