Reply #2: A completely Irrelevant Barrometer for the real economy.

[TheWatcher]

A Rigged Casino that is more of a Price Adjustment/Price Setting Mechanism than a real Market.

It usually goes up only on well placed Propaganda and Perception Management mechanisms, such as today's "leaked memo" that Citi was "Profitable" in the first trwo months of this quarter.

It was all based on a memo that gave absolutely no details, no proof of the message it was giving, just "hopes", "beliefs", and "assurances".

Wall Street and the people that run it, The Banks, Trading Desks, Brokerage Houses, Hedge Funds, and TPTB are determined to preserve their Ponzi Status Quo no matter what, even if it means killing the rest of us and destroying the country and the economy along with it.

I simply do not see why most cannot or refuse to get this.

Perhaps in April, when we find out that Citi was lying, and the Market continues it's path to 4500, people will begin to wake up to the fact we have a bunch of childlike psychopaths and socipaths running the Banking and Financial system of this country.