Tuesday, June 1, 2010

Haiku - Reverse Course

This morning's premarkets were down 1% on worse-than-expected economic news out of China. But an ISM report that beat expectations corrected that bearish sentiment carried over from the worst May since 1940. A haiku to commemorate this trading day for the historical record:
Market likes that news.
Award us intraday gains.
Reverse morning flow.