We had a little good news today and the market regained most of what it had lost in the
first three days of the week. How this happens is crazy and really unreliable. The money
people have a quick change of heart and are ready to invest at this little dab of good news.
Do we really believe that this is the real thing and we are on are way up, or does this get our minds off what is really happening to the US dollar and our social status in the real world.
I did not see where the price of crude oil went up, and usually the price goes with the
market, probably wait a day or two and then go up.
It is a little unnerving how a little bit of news, such as the unemployment claims
going down can effect the stock market.
We are all waiting for good news, like our homes are worth what we paid for them, the dollar is
climbing against all foreign currencies and our taxes have been lowered, none of which is happening today.
The market is changing and we need to be watchful, not panic at small changes, and lower risks
where possible.
Thursday, June 13, 2013
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