Thursday, September 24, 2009
Buy on Rumors, Sell on News
US market closed lower after FOMC announcement, which says economic is continuing improving. Despite the upbeat news, US major indices hit its one yr intra-day high and tumbled. A typical buy on rumors and sell on news action...Read full report here Stocks may retrace...watchout for support levels.
Labels:
Investment Idea,
US mkt
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