Thursday, April 05, 2007

Thank God its over!

Another piss poor day in equities. Once again the markets are just willed higher. I get the impression that the real action is still located in the EM's around the world with the US as kind of an afterthought. I don't know if this rapid snap back is something that should spell trouble or not. One thing I do know is that the longer this goes on the more bulletproof participants think this "system" is.

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