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Grand Canyon Education, Inc. Message Board

  • jxyzobrien jxyzobrien Nov 10, 2010 6:54 PM Flag

    Todays action

    A lot of times after bad news is announced
    you see a rally. This is done to catch shorts off guard. I saw Boeing do it and other stocks many times.

    The news today was just awful. The market is
    in bad shape too. The news in Europe is
    causing the dollar to rally big time. The
    market does not like this and the dollar will firm up. Additionally the earnings season is ending with CSCO. The market has now run up 17% is due a pullback.

41.13-0.14(-0.34%)Oct 21 4:00 PMEDT