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To: plain talk

You said that the markets look six months ahead and I said that they cannot look more than 2 weeks ahead.


290 posted on 06/09/2009 7:11:09 PM PDT by jveritas (God Bless our brave troops)
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To: jveritas

Markets do try to look ahead. I doubt that is news to you. I made no judgement regarding how well they do that or anyone else which is irrelevant to what I was responding to.

I was responding to the guy who thought that somehow markets were going to tank tommorrow because the Supremes did not act on a last minuet appeal. The markets factored in the sale long ago and were not counting on the Supremes to stop it. The markets didn’t even have to look ahead. Whatever action it took was performed when the sale was published in the news or even before.


297 posted on 06/09/2009 7:19:08 PM PDT by plain talk
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