Thursday, October 16, 2008

Back to Where We Were 25 Hours Ago

With a 9% intraday positive reversal off the lows, one would think there would be a little more excitement in the market. However, when that reversal only takes us to where we were an hour before yesterday's close, it's understandable why investors aren't too excited. This is really a market where you can miss a 500 point move in a walk to the water cooler.

Sp_500_intraday10151016_3

No comments:

Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.