Interesting late day "Hail Mary" in the stock market yesterday. Just as the Dow was hitting fresh lows and challenging technical support (-250 at 3:00) news is leaked of a federal plan to subsidize homeowner's mortgage payments. Pluge Protection Team did the job again.-LouFriday, February 13, 2009
Plunge Protection Team To The Rescue
Interesting late day "Hail Mary" in the stock market yesterday. Just as the Dow was hitting fresh lows and challenging technical support (-250 at 3:00) news is leaked of a federal plan to subsidize homeowner's mortgage payments. Pluge Protection Team did the job again.-Lou
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