Dow Reverses Course And Jumps +401

COMMENTS (2)

• In a volatile market, people sell to take profits when the stock price rises and people buy to get a bargain when the stock price falls.

  So every time the market swings up, it is going to swing right back down as people take profits from the previous short-term gains.

  So, you might as well get used to it and just chill for a while.

  Comment by thelertman — Thursday October 16, 2008 @ 2:08pm PDT  Reply to this post

• Volatility is textbook bear market, it could go on for YEARS… Better stop worrying and learn to love it :/

  Comment by Dr. Kenneth Noisewater — Friday October 17, 2008 @ 10:50am PDT  Reply to this post