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What is the truth of the rumor that it was a pension plan buy program that
set the ball rolling today? From all the stuff I look at the timing seems
to be a bit premature for that. I like Earl's explanation of "Exchange
Stabilization Fund", but there might be another reason. Perhaps a few weeks
from now today's move might reflect the movement of a country's treasury
running to safety. Its been made public that the Saudi Prince has been
buying AAPL again. Its one of his favorite trading vehicles, in below 20
out above 40, etc. over and over again. A move like today should have had
bigger reverberations in the equity options markets, but it didn't appear
to. It just really smells like someone is trying to terrorize the bears.
bobr
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