“Creative Thinking”

Submitted By Dave Fry

“Federal Reserve Chairman Ben Bernanke reiterated that the Federal Reserve is closely monitoring markets and is ready to act if necessary.”
MarketWatch

Bernanke also suggests that some “creative thinking” be applied to allow subprime borrowers a chance to refinance. This reads to me like a bailout proposal.

These statements ignite a rally.

Is there really much to say about these last two days? You can’t make this stuff up!

I’ll just post this chart along with volume data.

August 29,2007



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