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capitalismforever

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capitalismforever

Re: navycmdr post# 408198

Wednesday, 05/03/2017 11:11:28 AM

Wednesday, May 03, 2017 11:11:28 AM

Post# of 796683
Actually, that's telling you that smart money is the first to know and it takes dumb money (commons) a little longer to figure things out, which is why when the court ruling in Perry happened, preferreds fell 25% and recovered quickly the same day while commons fell close to 40% and took weeks to gain a few points.
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