Dead Cat Bounce

WhoooHoooo-
The Market was up 236 points and closed at 7350 points today. The Stock Market these days is tied to every word uttered by any member of the current Administration. Ben Bernake, Fed Chair, addressed the Senate today, and the market went up. This is nothing more than a dead cat bounce. On Friday, the market will close below 7000.
The Market has been down 26% since the election. The Market was at 13,000 in May 08, at the time Obama had wrapped up the Democratic nomination. That's a 50% decrease.

Some other random views-

Charlie Rangle was the chair of the tax reform breakout group of the Economic Dog and Pony Show yesterday. Another Democrat which can't pay taxes and he writes the tax laws. Hope and Change.

900 Million for Gaza- Now while I support Israel and their right to defend themselves, what the hell is the US doing by sending 900 Million to help to rebuild Gaza. Is this because our President has allied himself with Hamaas?

OctoMom-
How did I miss this new name tag on the welfare mom? TMZ.com had exclusive photos of the welfare fed mom, before she delivered her 8 children. Any discussion about how much TMZ spent for those exclusive photos? TMZ is showing photos of the octo-mom shopping.
Now, this morning, the Today show had coverage of video between the Octomom and her mother from a website, Radaronline.com. The bantering between the daughter and mother, looked like nothing more than a screen test for a forthcoming reality based tv show. I've said this before, Octomom will get a reality based tv show, especially since her mom's house she is living in is getting foreclosed.