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Originally Posted by dellinger63
Funny how yesterday the media decided the Dow rising 300 points was do to the settlement (actually the presumption of a deal) yet this morning with the deal being official and the Dow down over a 100, all is mum.  |
Nothing funny at all; the old adage of "buy on the rumor, sell on the news" applies. Also, pay no attention to the fact that the Dow has more than doubled since the bottom of 3/09. Maybe we should call it the "Tea Party Rally."