birth-death model
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Economic Update: Jobs Report is Classic Case of Buy the Rumor, Sell the News (Unless the News Has A Hot Friend Who Likes 3-Somes)
The market bounced around a bit on Friday before closing down (something about conflict in the Middle East, spiking commodity prices, and Gabe Kaplan not showing up for the Welcome Back Kotter reunion) as investors were buying the dip, selling the rip, all while ogling the nip slip. That said, the big news of the…