Friday, March 8, 2013

Instead of Rally, Market Sells Off Instead

This is the strangest reaction I've ever seen to economic data! Instead of stocks staging a rally, the market has sold off instead. Is it because, in this bizarro world in which bad news is good news because the Fed will continue to supply infinite easy money, or because the jobs created were mostly part-time or people taking multiple jobs, I don't know! But the market has sold off to the flat-line. Perhaps we will see a rally once we reach yesterday's close. Strange world in which up is down, and down is up.