Friday, July 31, 2009

Intraday action

AlphaNinja - Market up then down then up today, not much conviction. Rampant speculation today about the positives of a "slowing" GDP decrease that was reported. Maybe it's slowing but it's still a decrease.

Among winners and losers, it's still mainly earnings-related news driving the names. Winners up about the same % that losers are down, much more evenly matched than yesterday...

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