The Case for a Market Bounce

Posted by on October 10th, 2008 at 06:07pm

Make Money Myself wrote an interesting post today on
Here’s a quick excerpt
The price action in the equity markets today was nothing short of impressive. We literally had a W shaped trading day where stocks opened down 600 points, rallied back into positive territory, sold off again by another 600 points before recovering most of its losses by the end day. The volatility that we have seen in the currency market is only an extension of the movements in equities. On an intraday basis, the Dow saw a 1000 point swing, with stocks up as much as 300 points in the last hour o

Read the rest of this great post here

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