Stocks started up... Now show in the red...

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.
 
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.

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...
 
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...
I wonder if this is the future of the stock market - highly reactionary and volatile.

It used to be one had to go through a broker to buy and sell stocks. You could call your broker and issue buy and sell orders, but most people simply let their brokers handle things with minimal input from the actual stock holders. Now, millions of people, many of them clueless what is actually going on, buy and sell directly through online trade houses, with no experienced brokers to buffer the panic when red ink shows up.
 
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