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**Chooriwrocaxz** · 02-21-2008, 04:24 AM

when there are good reports, like yesterday with walmart and a couple other giants reporting profits, the market goes down, today, with housing in crisis at 17 year all time low, credit, oil high, headlines for recession in 09, and the market is up....wtf

A very good question. It could be that Walmart still made clear that these are tough times and that it's having to discount to keep customers coming in yesterday and today that the Fed confirmed that there would be further rate cuts. Of course there are people who say that the markets don't really react to news at all, that market sentiment is predetermined and they will fall on good news if that's where they want to go.

BTW AMD is up %6 as of right now.

Cool. I bet they read Zoolook's post about Nvidia.

02-21-2008, 04:24 AM	#2
Chooriwrocaxz Join Date Oct 2005 Posts 559 Senior Member	when there are good reports, like yesterday with walmart and a couple other giants reporting profits, the market goes down, today, with housing in crisis at 17 year all time low, credit, oil high, headlines for recession in 09, and the market is up....wtf A very good question. It could be that Walmart still made clear that these are tough times and that it's having to discount to keep customers coming in yesterday and today that the Fed confirmed that there would be further rate cuts. Of course there are people who say that the markets don't really react to news at all, that market sentiment is predetermined and they will fall on good news if that's where they want to go. BTW AMD is up %6 as of right now. Cool. I bet they read Zoolook's post about Nvidia.
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