appone

Obama's Housing Plan - What Will It Really Accomplish?

The way this was "leaked" out was clearly intended to stop a market that was declining to test the lows on November. It worked perfectly. It generated a worldwide short squeeze, it stopped the decline, and, if the general mood remains hopeful, it would have created a trend reversal.
If last year's political interventions are a guide, this too will fail, and after a few days, the market will finalize that down move.