People on sidelines today is your day to finally join the rally. The market is down because of Libya (LOL) Libya is a country of only 5M people, basically the size of Philly. There is now way Oil should be up +5 today on Libya or the markets down on such a tiny Country population wise.
Did people put their heads in the sand and forget what we got last week:
Huge & I mean Huge #'s from the Philly Fed last week:
February Philadelphia Fed 35.9 vs 21.0 consensus; January 19.3