Blowing Sweet Nothings

From Yahoo Finance today

NEW YORK (AP) — Wall Street tumbled Wednesday as investors grappled with renewed worries about the soundness of the financial sector. The major indexes fell more than 2 percent, including the Dow Jones industrial average, which lost more than 230 points.

Does that comment really hold water when you look at this chart? Has the Dow dropped 2000 points in short order? How could anyone possibly have an explanation for one day’s random market movement?

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One thought on “Blowing Sweet Nothings

  1. It is always easy to explain what had happen so far! It is even easier to do prediction without any obligation. What people ignore most are the way to response “now”!

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