Bulls managed to keep everything “contained” yesterday in the midst of lousy news. Oracle's (NYSE:ORCL) miss on revenues may make bulls work harder, but they’ve managed to do it before. Thursday is GDP data: let’s see how they spin it.
Clearly, bulls and the vested interests [think fee and advertising revenues] want to put the best face on the quarter as possible. For bears this is a tough fight. There are only three trading days left and paint supplies are running low.
Have a pleasant day.
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