To me it seems like the Street was treating the market like a casino game ? when those employment numbers came out, we got two cherries and one lemon.
It seems like every single analyst on the Street is on the 'old economy' bandwagon and determined to drive the last nail in the coffin of highflying techs and arrogant investors.
It's hard to figure out whether the Street wants bad news, which means additional rate cuts, or whether the Street wants good news, which means corporate earnings will rebound sooner rather than later. We're in a really interesting space between both of those.