Quote:
Originally Posted by I-Hate-Hulse
I learned yesterday that there has been considerable movement of capital from energy to financials last week in the market. I don't understand how a bailout of Freddie Mac and Fannie May would persuade that argument...
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Because it get's rid of the dead weight. Just like with people, the market's seem to need closure rather than just flounder away. I think the Lehman thing will actually help the markets eventually, as it helps cut the dead weight and let the market get on with it's life!