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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Skeeter Bug who wrote (197512)4/22/2009 10:18:43 AM
From: ajtj99Read Replies (2) | Respond to of 306849
 
Morgan Stanley is insolvent, so their "earnings" are irrelevant, IMO.

The market is supply and demand. If people want something today and think it has value, they may buy it. People are not always rational beings.

This is a technical bounce off the March lows to relieve oversold conditions and distribute shares at higher prices before the market makers take things down and make suckers of all who bought the highs.