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Old 02-10-2009, 04:51 PM
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X5rolls X5rolls is offline
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No, the market didn't like it at all - can you blame them?

Phil Flynn, an analyst at Alaron Trading Corp., said investors appear concerned about the inflationary effects of massive government spending.

"People are running to gold as a reaction to the speech and are running away from the stock market. And of course that's pressuring the oil down," he said.

Quote:
Originally Posted by motordavid
I guess the Mkt didn't care for his speech very much, along with the "stimulus/Porko" program
that floated through the system...

I may be sliding over to the VeryUsedKia board soon.
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