{Spectacular share rally on stimulus speculation
Online business reporter Michael Janda
Posted August 09, 2011 17:02:44 | Updated August 09, 2011 20:37:32

The Australian share market and dollar staged spectacular turnarounds on speculation of more US stimulus.

Topics:business-economics-and-finance, markets, money-and-monetary-policy, international-financial-crisis, currency, stockmarket, futures, australia, united-states, asia}

The 'market' suddenly 'reversed' just after lunch ("well after noon") - from >-5%, ending +1%.

IF magic THEN one might suspect of the criminal type,

 .. perhaps a local version of the PPT ...

 .. or merely multiple G&Ts.

Nah, it was Clancy:

"And, Clancy, you must wheel them, try and wheel them to the right."

Clancy: "Sorry, mate - any further right, they're over the cliff..."

So they all turned left, and were saved.

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