Was today an April Fool’s joke?

[macmichael]

No you’re not alone in your wonderment.

Except I suspect alot of this rally is money managers trying to make their funds etc. look better and fluff and fleece the j6p who gets sucked back in.

But

Oil prices edging back up
Agriculture prices edging back up
Rice shortages in many areas of the world
Sales at REO auctions practically nada
Unemployment edging up
Even Bush dept officials acknowledging declining oil production
Cease fire in IRAQ is weakness for exisitng government, means more US troups for longer
And so on you add to the list

So I don’t get it either; unless it was the news that Demo’s and Repub’s are coming together for another bail out – they discovered new magic Kool-aid.

[(former)FormerSanDiegan]

Stocks Fluctuate.

[(former)FormerSanDiegan]

Stocks Fluctuate.

[(former)FormerSanDiegan]

Stocks Fluctuate.

[(former)FormerSanDiegan]

Stocks Fluctuate.

[(former)FormerSanDiegan]

Stocks Fluctuate.

[eyePod]

Piggington denial. Yes, it’s April Fools’ Day. But we not making up what happened in the stock market today. There was a very big rally

[eyePod]

Piggington denial. Yes, it’s April Fools’ Day. But we not making up what happened in the stock market today. There was a very big rally

[eyePod]

Piggington denial. Yes, it’s April Fools’ Day. But we not making up what happened in the stock market today. There was a very big rally

[eyePod]

Piggington denial. Yes, it’s April Fools’ Day. But we not making up what happened in the stock market today. There was a very big rally

[eyePod]

Piggington denial. Yes, it’s April Fools’ Day. But we not making up what happened in the stock market today. There was a very big rally

[lindismith]

Thanks for asking that question, Hippmatt. Sometimes I think I’m losing my mind when I see the headlines.

I’m learning to steer away from what I call Consumer McMedia, (Yahoo news, MSN etc.) and just read the Sunday editions of the WSJ and NY Times. The Economist is the best for well-written, digested news analysis. Those hourly updated news websites really can’t offer any kind of analysis because their content changes too rapidly, and very often the take-away is inaccurate in the long-term precisely because the content changed. We have to force ourselves to ignore this content, and focus on the big picture.

I think yesterday’s rally will be short-lived, and we’ll see more fluctuations continue. (Let’s see what the market does in the next few days based on Bernanke’s “shrink” comments this a.m!)

[lindismith]

Thanks for asking that question, Hippmatt. Sometimes I think I’m losing my mind when I see the headlines.

I’m learning to steer away from what I call Consumer McMedia, (Yahoo news, MSN etc.) and just read the Sunday editions of the WSJ and NY Times. The Economist is the best for well-written, digested news analysis. Those hourly updated news websites really can’t offer any kind of analysis because their content changes too rapidly, and very often the take-away is inaccurate in the long-term precisely because the content changed. We have to force ourselves to ignore this content, and focus on the big picture.

I think yesterday’s rally will be short-lived, and we’ll see more fluctuations continue. (Let’s see what the market does in the next few days based on Bernanke’s “shrink” comments this a.m!)

[lindismith]

Thanks for asking that question, Hippmatt. Sometimes I think I’m losing my mind when I see the headlines.

I’m learning to steer away from what I call Consumer McMedia, (Yahoo news, MSN etc.) and just read the Sunday editions of the WSJ and NY Times. The Economist is the best for well-written, digested news analysis. Those hourly updated news websites really can’t offer any kind of analysis because their content changes too rapidly, and very often the take-away is inaccurate in the long-term precisely because the content changed. We have to force ourselves to ignore this content, and focus on the big picture.

I think yesterday’s rally will be short-lived, and we’ll see more fluctuations continue. (Let’s see what the market does in the next few days based on Bernanke’s “shrink” comments this a.m!)

[lindismith]

Thanks for asking that question, Hippmatt. Sometimes I think I’m losing my mind when I see the headlines.

I’m learning to steer away from what I call Consumer McMedia, (Yahoo news, MSN etc.) and just read the Sunday editions of the WSJ and NY Times. The Economist is the best for well-written, digested news analysis. Those hourly updated news websites really can’t offer any kind of analysis because their content changes too rapidly, and very often the take-away is inaccurate in the long-term precisely because the content changed. We have to force ourselves to ignore this content, and focus on the big picture.

I think yesterday’s rally will be short-lived, and we’ll see more fluctuations continue. (Let’s see what the market does in the next few days based on Bernanke’s “shrink” comments this a.m!)

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