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Old 11-20-2007, 06:43 PM   #2 (permalink)
zimmy61
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Quote:
Originally Posted by itsmeeeeeee View Post
http://news.yahoo.com/

from tonight's yahoo news - AP business section:

* Stocks mostly higher after seesaw day AP - 1 hour, 48 minutes ago

* Fed predicts slower growth, more jobless AP - 2 hours, 33 minutes ago

* Freddie Mac loses $2B, seeks new capital AP - Tue Nov 20, 4:14 PM ET

* Single-family construction falls AP - 1 hour, 24 minutes ago

* Oil futures jump on dollar, Fed forecast AP - Tue Nov 20, 4:00 PM ET

(...talk about irrational exuberance, eh?!)

All the major market indices in both the U.S. and Canada have pulled back to their April levels. Most of that correction has taken place just within the last month. I wouldn't interpret one volatile day that happened to finish on the upside as a positive market reaction.

Last edited by zimmy61; 11-20-2007 at 07:21 PM.
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