LMAO ... The Dow closed UP 244 pts on the day of Obama's acceptance speech.

[lpbk2713]

It must really suck to be Mittens and Lyin' Ryan.

[snappyturtle]

1. Unfortunately, I think this surge has more to do with Europe...but,,,,,looks good! nt

[True Earthling]

2. Correlation is not causation

Spain was up 4.4% as well... I doubt they care about Obama's speech.

This is real reason...

The Full Statement On The ECB's New Bond-Buying Plan
Matthew Boesler | Sep. 6, 2012, 9:05 AM | 774 | 2

Just posted on the ECB's website:
6 September 2012 - Technical features of Outright Monetary Transactions
As announced on 2 August 2012, the Governing Council of the European Central Bank (ECB) has today taken decisions on a number of technical features regarding the Eurosystem’s outright transactions in secondary sovereign bond markets that aim at safeguarding an appropriate monetary policy transmission and the singleness of the monetary policy. These will be known as Outright Monetary Transactions (OMTs) and will be conducted within the following framework:

Read more: http://www.businessinsider.com/ecb-omt-press-release-2012-9#ixzz25jFdS18B
http://www.businessinsider.com/ecb-omt-press-release-2012-9

JP MORGAN: The ECB's New Plan Will Change The Course Of The Euro Crisis
Matthew Boesler | 46 minutes ago | 1 |

Mario Draghi and the ECB have been critiqued all day long since the central bank president this morning unveiled the details to its new bond-buying program aimed at turning around the euro crisis.
JPMorgan economist Malcolm Barr thinks it's a game-changer, writing in a note to clients today that "from a big picture perspective, we believe that the new approach taken by the ECB will change the course of the Euro area crisis."


Read more: http://www.businessinsider.com/jpmorgan-mario-draghi-ecb-course-of-crisis-2012-9#ixzz25jGDSJkD