The profits of HP and WALMART were the main focus. I'm still extremely happy. If those two profit reports disappointed.. the DOW would of been trashed. The OIL factor is something that was unseen. Just investors with wobbly legs. The news in the US was good. More reports to come throughout the week.
"Crude's jump to $100 guts rally
A refinery explosion in Texas and possible OPEC output cuts push crude to a record close. Techs sell off and gut what had been a strong rally. Exxon and Chevron give the Dow some stability. Wal-Mart earnings please investors. Microsoft may launch a proxy fight for Yahoo."
"The energy price rise ruins a strong open for the market. Techs sell off. Exxon and Chevron give the Dow some stability. Hewlett-Packard earnings delight Wall Street. Wal-Mart earnings please investors. Microsoft may launch a proxy fight for Yahoo."
rip bears, page-20
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