Tuesday, October 28, 2008

Wow.....

Stocks were flat, bad news was everywhere and then stocks rocket out of nowhere to go up 10-11%? I guess no one wanted to miss a gain when the fed cuts rates (again this is a moron's trade - rates are impacting borrowing right now), but this is a staggering move.

Despite this jump we're basically where we were 5 days ago.

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