"All set to Rally at open"--Marketwatch.com
What can be said of the Federal Reserve's Permanent Open Market Operations, POMO, is that it continues to work, ramping the market higher as banks fuel the market with fresh fiat doled out by the Fed for the
express purpose of supporting the stock market. Elections are nearing, after all. The free market has
no place when incumbents want to window dress events. Actually, it is more akin to the expression of
putting lipstick on a pig. --Michael Noonan of Edge Trader Plus - InsideFutures.com - Wed Oct 13
express purpose of supporting the stock market. Elections are nearing, after all. The free market has
no place when incumbents want to window dress events. Actually, it is more akin to the expression of
putting lipstick on a pig. --Michael Noonan of Edge Trader Plus - InsideFutures.com - Wed Oct 13
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