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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (9053)	2/5/2010 11:48:13 PM
From: Sr K	Respond to of 20435

Did anybody here notice how the WSJ spooked the markets today? I thought it was irresponsible how they ran a lead story and 4-column headline, "Global Markets Shudder" with 4 mostly black graphs above the headline, with a yellow on black title, "The Return of Turbulence". The chart of the Euro could have been reversed as a chart of the Dollar, for the mostly United States based audience. 2 of the 3 authors are not based in the United States. One in London and one in Frankfurt. They were trying to stoke fear. Or send European fear over here. Which made for a buying opportunity pre-market. The level of anxiety before the Employment data is released each month is high, and with the DJIA just over 10000 at Thursday's close, the WSJ had to know they were piling on. Trying to make the news instead of reporting it.