there must be a plausible explanation 4 the last couple of days' rally in light of the looming CDS problem!
you telin me the managed funds and hedge funds went in big into the DOW yday choosing to turn a blind eye to this problem???
thats insanity
itll come back to bite them
but for now theyll make money on the way back up on this short lived rally
i guess technically the market was waaaaaaaaaaaaaaaay oversold, and the credit market fundamentals got just a little tiny but better - - - so was a good enuff reason to buy
but surely this buying is all short term in light of the 60 trillion in CDSs out there??
I dont get it, but i guess fund managers have to so something.
