Mott the Hoople
Sweet Jane
I don't care....as long as it went up! 

The DOW gained almost 500 points since Yurt posted his asinine comment.
The FED isn't doing anything in the face of deteriorating economic conditions.
Actually they dropped dramatically after the announcement. DJI was at 10980, up a bit more than 180 points for the day when the Fed issued their report around 2pm. By 2:40, DJI had fallen to 10605, down about 200 points on the day. About 3pm they rallied again to end at 11239, up just s spit shy of 430 for the day, and a 620 point rally from its low point.didn't the stocks rally after the FED said they weren't touching interest rates?
didn't the stocks rally after the FED said they weren't touching interest rates?
Actually they dropped dramatically after the announcement. DJI was at 10980, up a bit more than 180 points for the day when the Fed issued their report around 2pm. By 2:40, DJI had fallen to 10605, down about 200 points on the day. About 3pm they rallied again to end at 11239, up just s spit shy of 430 for the day, and a 620 point rally from its low point.
It was the wildest roller coaster ride I've ever witnessed in a single day of trading.
I wonder if this is the future of the stock market - highly reactionary and volatile.Yeah, no kidding. It's why I made this thread. It was incredible. I don't think most of those people have any idea why they are doing what they are doing... They see red and sell, they see green and warily they approach with money...