SwingTrade Member Forum

[TrueFlaco]

I love how the reporters ascribe the market movement today solely to the G20 meeting - reminds me of how funny it used to be when oil was at historic highs and my buddy and I would read one day that the markets were down because oil was up which, according to the reports, would drive prices of goods higher. The next day the markets would be up and oil would be up and the reporters would try to ascribe this to the fact that it was helping the oil producers, thus driving a positive market reaction. They have no clue.

And I can't imagine that the market is happy to hear of the possibility of more government regulation & intervention when it was gov intervention in the lending markets that drove us into this crisis in the first place!