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Strategies & Market Trends : Drillbits & Bottlerockets

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To: Dana Johnson who wrote (2303)	1/31/2001 2:36:08 PM
From: The Phoenix	Read Replies (1) of 15481

Dana, I could see your argument - about the market buying the news. I just can't buy the "market sells the news", which appears to be what's happening. Doesn't it seem to make all investors stupid when we all say that the 50 basis points is already in the stocks... but then they sell off? What in effect we're saying is that more than 50 basis points is in the stocks and yet we only expect 50 points... Seems really stupid to me. Oh well... OG

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