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Fannie and Freddie

Started by Michael Koons, 09/05/2008 07:08PM
Posted 09/05/2008 07:08PM Opening Post
The free market only works when everyone plays fair, the cheaters and rascals run away, the taxpayer foots the bill. With this and the jobless report, what's the outlook for next week? I'm looking for international support at around the 10.000 level. With the relative weakening of foreign economies helping the dollar, foreign investors who have kept out of dollars should be looking at the US stock market at that level as a bargain, double dipping as the dollar rallies. What do you all think?
Posted 09/06/2008 04:11PM #1
Michael Koons said:
I'm looking for international support at around the 10.000 level.

What is it you're talking about that's hitting 10.0 here? 10.0 whats?

As for Fannie and Freddie, it now looks likely they will go straight to $0.