Dow up 485 points!!
 

What if they held an economic collapse and nobody came?:original:

(I realize there's still the rest of the week.)

Re: Dow up 485 points!!
 

It's just a http://en.wikipedia.org/wiki/Dead_cat_bounce

Re: Dow up 485 points!!
 

Sure, it could be a dead cat bounce, but it's not typical for the bounce to be 62% of the drop. It's usually, as the article said, moderate, and that's why it struck me as so odd. I also looked through data for stock market crashes and could not see a precedent.

But only time will bear it out so we'll see.

Re: Dow up 485 points!!
 

It is my view that the current numbers are false security for the masses.
I believe the worst is yet to come.:shocked: hehehe
(Or the best, depending how you look at it) ;)




Peace,
Ampgod

Re: Dow up 485 points!!
 

The Federal Reserve pumped in over 800 billion into the economy on Tuesday. Either they had it stashed and tried to make us pay for "the bailout" or they are printing money again. If they are printing, they you will see hyper inflation in one week on goods in the country. I've already noticed a 20% increase in the foods industry.

Xmen

Re: Dow up 485 points!!
 

This whole thing especially the next few years up to around 2012 will be the world's greatest most complex chess game. The markets are going to look like a roller coaster the next few years & they have to crash.. If we "bail out" though it'll just make the giant fall from a much greater height.

The federal reserve is a joke, once they removed the part of the dollar stating you could trade it for 1 ounce of silver each dollar it was all over.