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Direxion Daily Financial Bear 3X ETF Message Board

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  • carloandrerodriguez carloandrerodriguez May 7, 2009 12:13 PM Flag

    The big surprise is still the stress test

    think about.. If the fed expected it to be good news they would release it out on premarket. and early in the week. Not on a thursday afternoon.. they might not know what the effect will be, but it appears to be negative. they are giiving it one day to see how the market digests it. then comeback with reply over the weekend if it is badly recieved.

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    • but, we have seen time and time again, even with grim news...the market seems to take a slight dip and then rally on BS like "oh, banks suck by apple I-phones are a great hit" seems like they sugar coat all the financial news...or throw it in there as an after thought...

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