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Okay, let me see if I follow your logic:
1. A lot of stocks and index futures were bought on Tuesday afternoon
2. This cost a lot of money
3. The US government controls a lot of money
4. Therefore, it HAD TO BE the US government buying stocks on Tuesday!
Brilliant detective work! Can you believe those sneaky government guys?
Running around and buying all those securities like that without telling
anybody! What a bunch of stinkers!
I just have one itsy-bitsy little question: once all those sneaky
government characters have purchased all those stocks and futures, WHAT DO
THEY DO WITH THEM NEXT... hide them under the rug??? Not only that, what
about all those stocks "they" must have bought in Oct. '97, Oct. '98, and
Oct. '99? Wow, the US government must really own a lot of stock! Those
crafty buggers!
Who would have guessed? Are they just buying the big 10%+ corrections, or
are they buying the smaller dips too? They must have one hell of a HUGE
position! Gee, I wonder when they'll start to unload some of it... do you
think they'll just feed the rallies? What a concept: the U.S. government,
the most massively unprofitable enterprise on the face of the earth, is
actually a sophisticated trader!!! Hey, maybe you're really onto
something here... I can see a book or two, maybe even a movie coming out of
this!
I breathlessly await the next chapter of this fascinating saga.
Cheers,
Jeff Kingery
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