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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Walkingshadow who wrote (8284)5/1/2005 11:23:54 PM
From: rrufff  Read Replies (1) | Respond to of 8752
 
I love the oil commentary. "Markets rallied because oil down .38." Geez, don't they realize the big picture. Last year, if you predicted $40 oil, they'd say you were crazy.

You're right. They can use the same piece of news as a plus or minus. Weak job outlook means fed won't tighten after this week. Weak job outlook means economy getting worse. Pick and choose. Use #1 if market up and #2 if down LOL.


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