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Bad News is Good News

The Compound and Friends

CHAPTER

How Many Points Is the Dow Up?

The S&P 500 is up 2.75% on the day, according to CNN's Bob Greene. The market was down 1,000 points at the opener now it's up 900; that's a lot of frigging points. Never has the S&P been so reactive negatively to an economic indicator as it is not to CPI,. This is the entire game. All you need to know going into today was what was CPI going to do. You could predict the market except for the fact that you can't predict the market because it was down to 1,000points at the openerNow It's up 900. So are you asking why did the market rally? Is that the question

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