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Old 02-20-2009, 09:43 AM   #11
spence
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Quote:
Originally Posted by RIJIMMY View Post
Spence, the movements in the markets are a reaction to daily news or announcements. The past 2-3 weeks, they have been reacting directly to Obama's plans. I think its silly how the market reacts to news on a daily basis however its a fact.
The markets reactions are are a reflection of confidence in the economy, based on the plans Obama is announcing.
You forgot the part about the huge recession underneath it all.

-spence
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