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RE: Down Goes the Dow
Yes but I guess the point is that it is the gov providing/guaranteeing the leverage to some select banks and institutions and getting performance guarantees in return. The gov operating through sifis.

That is my operating theory of the mechanism. When I suggested it to someone who would know, he politely kept quiet, which to me was all the confirmation I needed.

Yesterday was a good opportunity, but I needed confirmation, which I now have. We are now buying.

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