Thursday, December 22, 2011

$$ Market Cheer/Denial; Super Low Mortgage Rates; Gold Fever in Greece? A Dear Jamie Letter

As noted yesterday, seasonal factors tilt the odds in favor firmer prices, for now. Yesterday, the Dow clawed its way from the minus signs to etch out a 3 point gain. The techs were hammered on Oracle's tepid numbers. This morning stock futures are firm. Nothing has blown up in Europe over the last 15 hours. The markets are still digesting news of the over 600 bln in three year loans that will go to euro banks to stabilize them. Of course, these,,, please read more here:

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