The DOW took a somewhat unexpected leap today, soaring almost 900 points. Some attribute this to recent seismic activity along the Northern California coast the past few days, and others that fear for the survival of the Andean Vulture. Frankly, there are some people that made some money today and others that lost money today and never the twain shall meet.
Who knows what tomorrow holds for the DOW. Will profit seekers sell and convert their profits to valuable works of art? Will those that loose money tomorrow seek solace at the local cocktail lounge, bemoaning what might have been? Quien sabe!!
Today's DOW
Posted: Tue Oct 28, 2008 4:25 pm
by Galbally
Its impossible to keep track of these market bozos at the moment, essentially they are either panicking or in some form of euphoric revelation every time something nice happens like a drop in interest rates, then they go back to being suicidal.
Its all just very volatile isn't it?
If I did have money though (which will never happen I am a scientist and we don't get money, thats for productive people like currency speculators) I would certainly start considering a long-term investment in some of the European banks and companies, they are stupidly underpriced at the moment, I am sure the same is true of US stocks, but anyone in for making short-term money must be having three nervous breakdowns a week.
Oh those crazy lovable market traders eh?
Today's DOW
Posted: Tue Oct 28, 2008 5:53 pm
by Accountable
The ball makes me think of the current market.
Today's DOW
Posted: Tue Oct 28, 2008 8:37 pm
by spot
I know a secret about the stock exchange, having programmed for it. For every occasion when someone chose to buy something at a price, someone else decided to sell exactly the same thing at the same moment for the exact same value. Isn't that just the biggest set of coincidences imaginable, when you add up an entire trading day?
Today's DOW
Posted: Tue Oct 28, 2008 8:58 pm
by K.Snyder
spot;1038311 wrote: I know a secret about the stock exchange, having programmed for it. For every occasion when someone chose to buy something at a price, someone else decided to sell exactly the same thing at the same moment for the exact same value. Isn't that just the biggest set of coincidences imaginable, when you add up an entire trading day?
I think currency is here to stay for quite sometime I'm afraid...
...
But in any case gas has fallen dramatically here in Ohio to what I'd seen fixed at $2.14/gal -- 1.35 GBP/gal ...
Which is actually extremely low compared to the roughly $3.80/gal -- 2.37 GBP/gal I've once seen it at only three months ago...
