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IBDvalueinvestin (99.64)

DJIA surges ahead now up 60 points as Swine Flu panic subsides.

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April 28, 2009 – Comments (4)

Consumer staple stocks surge, Walmart , Home Depot as well as Home builders on Consumer sentiment data coming out much better than expected.

4 Comments – Post Your Own

#1) On April 28, 2009 at 3:12 PM, motleyanimal (93.75) wrote:

I don't know why anyone should care if the consumers are more confident. They are freakin' idiots.

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#2) On April 28, 2009 at 4:48 PM, BGriffinFlorida (25.98) wrote:

I wonder if Swine Flu will have an effect on consumer sentiment measured for the current period?  Hmm....

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#3) On April 28, 2009 at 6:21 PM, ChrisGraley (30.30) wrote:

Has anyone polled the pigs?

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#4) On April 29, 2009 at 8:51 AM, IBDvalueinvestin (99.64) wrote:

, motleyanimal (99.17) wrote:

I don't know why anyone should care if the consumers are more confident. They are freakin' idiots.

 

Well they may be idiots but they are the ones that make the economy click. You saw first hand what happens in the 4th qtr & 1st qtr when the consumer stops spending because their confidence went down. The opposite is true when their confidence goes up.

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