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Strategies & Market Trends : Quarter to Quarter Aggressive Growth Stocks

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To: Jack Hartmann who wrote (5979)10/13/2008 4:37:08 PM
From: The Ox  Read Replies (1) of 6924
 
Amazing day.

The Treasury has been flooding the market with Bonds lately. With the bond market closed today, there wasn't the normal competition for capital and it looks like it all went into stocks (plenty of short covering as well).

I doubt today's action was in anyone script but, at first glance, with the bond market closed it may be one reason why the upside was spectacular today.

Just writing and thinking at the same time....
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