Dow Jones

[antiaristo]

I see the dow broke 11,000.<br><br>That answers a few questions, doesn't it?<br><br>Like what's happening to all that liquidity injected by the Fed these past few months.<br><br>Like why we can kiss goodbye to M3 data from March.<br><br>They're pumping the market with money borrowed on YOUR credit: interest AND principal. So that THEIR friends can get out now.<br><br>Stiff the suckers! <p></p><i></i>

[darkbeforedawn]

yeah, that happened just before the tecno bust in summer of 2001 or was it 2000? The market got really pumped up and then bit the bit one. It's now at about the same place before it took the plunge. <p></p><i></i>

[yablonsky]

I thought this guy had something interesting/outside the box to say about this:<br><br>quote:<br>elimination of M3 in March is the credible threat.. Its a bluff. First they juice M3 like it is the end of the world (or 1999), and then they turn the lights out on the statistics. Since we're all in the dark, the only thing we can assume is that the Fed is monetizing debt like there is no tomorrow. But they really don't want to do that -- it is not good for their balance sheet -- so instead they engineer this bluff. Everyone believes it, and they (we) act accordingly, bidding up stocks and gold.<br><br>If you don't think the Fed is that clever, I encourage you to read Bernanke's speech. It is a long treatise on stimulating demand and causing inflation in the event that interest rates fall to zero. After reading the speech, you may find that they are beyond clever. They are insane!<br><br>full article:<br><!--EZCODE AUTOLINK START--><a href="http://www.bullnotbull.com/archive/market-01092006.php">www.bullnotbull.com/archi...092006.php</a><!--EZCODE AUTOLINK END--> <p></p><i></i>

[smiths]

whats m3 <p></p><i></i>

[anotherdrew]

No way do I believe that this is real people's money driving this. <p></p><i></i>

[Byrne]

Info on the M3 is <!--EZCODE LINK START--><a href="http://www.kross.ro/soj_the_story_about_oil_you_need_to_hear" target="top">_here_</a><!--EZCODE LINK END-->.<br><br>I found some good commentary on the Iranian Oil Bourse/Removal of the Fed Reserve M3 Marker and recent currency manoeuvrings by China & Russia etc. <!--EZCODE LINK START--><a href="http://wakeupfromyourslumber.blogspot.com/" target="top">_here_</a><!--EZCODE LINK END--> & <!--EZCODE LINK START--><a href="http://prudentinvestor.blogspot.com/2006/01/dollar-diversification-dilemma.html" target="top">_here_</a><!--EZCODE LINK END-->.<br><br>Other useful info is at <!--EZCODE LINK START--><a href="http://www.publicdebt.treas.gov/opd/opdpenny.htm" target="top">U.S. NATIONAL DEBT CLOCK</a><!--EZCODE LINK END--> & <!--EZCODE LINK START--><a href="http://zfacts.com/p/318.html" target="top">National Debt Graph</a><!--EZCODE LINK END--><br><br><!--EZCODE BOLD START--><strong>PUBLICISE THIS ISSUE</strong><!--EZCODE BOLD END-->!! <p></p><i></i>