Wednesday, April 30, 2008

Q1 GDP was 0.6% - Market is celebrating

Wow, the market is treating 0.6% GDP as if it were good news. SO we haven´ttechnically entered the recession - we are only on the edge. Time to party!

So the bad news happens next month and not this month. The market is behaving like a 4 year old. WHne things turn bad, watch it really pout and scream.

2 Comments:

Blogger SR said...

Did you see that, it was at +145 and suddenly came to negative, and closed -11. Interesting, I cant seem to find any logic either...

7:11 PM  
Blogger SR said...

This market is driving me nuts. Both SCC/QID are down 5% today. I am bleeding :((

12:52 PM  

Post a Comment

Subscribe to Post Comments [Atom]

<< Home