Biggest over reaction last night on the DOW and other indices.
Seriously the inflation dropped to 3.1% but because it did not meet "expectations" of 2.9% and now we have an extra month or two of interest rates not moving down, they sold off stocks like it was the end of the world.
They were waiting for an excuse to sell, and they found one that is a very weak excuse.
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Morning Trading February 14, page-8
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