[w3pm]

For what it's worth, I see identical behavior with stock market enthusiasts as well. Good job numbers? Market goes up. Bad job numbers? Market goes up -- clearly Ben Bernanke must keep printing until employment stabilizes. "A" is good for the stock market and so is "!A." It really is a crazy time we live in. Cognitive dissonance everywhere you look.

[dllthomas]

There's nothing necessarily crazy about what you describe. The markets reaction to news that everyone knows is going to be released (that is, we know job numbers will be published at this time on that day, but not what the numbers will be) won't necessarily track the good-ness or bad-ness of the news, because the market will have moved in advance based on the best estimates of those playing that game, and they might have overshot.