rebound today, page-88

this is more than just a rumour. Whether the US Gummint does or doesnt bail out Freddie and Fannie is irrelevant. It is sending a message to investors that they havent run out of ammo and will do what it takes to help the economy out of the mess that they irresponsibly created.
This has dragged on for longer than I thought, but as I have been banging on for a while on my soap-box, I can see the end of the correction.

There is a strange correlation between what the charts say and when the news hits, usually timed so that the news appears to influence the chart action when we all know it is the reverse.