After an explosion in early market volume for both cash and futures, the "buyer" seems to be running out of cash as the market has flatlined, which apparently has served the necessary and sufficient purposes on the day of the biggest industrial company's bankruptcy in history. And as sellers anticipate taxpayers to buy a few more trillion shares of 100x P/E stocks over the next few months, they have remained firmly out of the picture.
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Monday, June 1, 2009
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