I googled "markets up before holidays" on a hunch, and got a whopping 8.3 million hits. Has anyone else noticed how the markets are up before the holidays? And no doubt as people gather and the conversations turn to the economy, the bulls can point to the closing numbers, and the bears are on the defensive. It would be a good paper for a college business major to study the market closes and events thereafter, at least as far back as 1997 when the US govt set up the "plunge protection team" to manipulate market sentiment.
Friday, March 21, 2008
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