On Sat, 22 Nov 2008 02:44:06 -0500, "Eisboch"
wrote:

It's amazing what the stock market did within minutes of him leaking the
news of nominating members of his economic team, including Geithner.

Well, there were other factors involved in the bounce - it's options
expiration, hedge funds are about finished with quarterly redemptions
and other factors like the market being oversold.

However, it was a smart move - he's a good choice, he is involved in
the whole process and that certainly helped the bounce go higher.

Which, I guess, is kind of the point.

Action, not hope, is what the majority of his new, expanded audiance is
demanding. I, for one, was gratified to see him take some action. I think
he may be getting the idea.

There are other concerns fo rme - like AG and in Congress, guys like
Waxman.

It's going to be an interesting couple of years that's for sure.