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To: J. P. who wrote (30070)4/3/1999 10:38:00 AM
From: accountclosed  Read Replies (1) | Respond to of 86076
 
Sure thing.

Hang in there.



To: J. P. who wrote (30070)4/3/1999 2:20:00 PM
From: TheStockFairy  Read Replies (1) | Respond to of 86076
 
JP,

I am glad that you have internalized the news factor on stocks. To reiterate, news of any kind is good. For example:

Three soldiers get taken prisioner. Wall Street Reaction: indexes go up in anticipation of their release.

Soldiers get set to go on trial. Wall Street Reaction: indexes go up in anticipation of a settlement.

Soldiers get convicted and sentenced to death. Wall Street Reaction: indexes go up because now we have resolution.

or

Soldiers get released. Wall Street Reaction: indexes go up because we now have resolution.

Feel free to use this little example with other bits of news. Such as IBM loses $1bill. Reaction? IBM goes up in anticipation of reversal of losses.