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Rumor Machines


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#1 redfoliage2

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Posted 19 October 2009 - 12:26 PM

Market is rising on the rumor created by the media that WH is planning 2nd stimulus, though Geithner clearly indicated last Friday that no 2nd stimulus planned. Like the WH is blaming FOX news as ........... The media now serve as rumor machines. The whole thing is degenerating.........

Edited by redfoliage2, 19 October 2009 - 12:26 PM.


#2 dasein

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Posted 19 October 2009 - 01:40 PM

tthe news could come pretty fast as in buy the rumor, sell the news.
best,
klh

#3 Data

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Posted 19 October 2009 - 04:52 PM

There was no rumor. The Fed came out and issued a series of statements about rate hikes and reverse repos.

#4 dasein

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Posted 19 October 2009 - 06:49 PM

thanks data, missed that.
best,
klh