Twin Covers

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Oct 13, 2008 3:59 pm

Just framed a newspaper cover from the other day, " When Will It End?" - in giant print, with a huge falling chart of the stock market.

 
Maybe we'll get another cover here soon to frame alongside it, right near the meeting table.
Oct 13, 2008 5:19 pm

I took print-screens of google finance on Friday and today, I think it'll make for a good heading of WHIPSAWED


Oct 13, 2008 5:47 pm

They'll notice that it went up, but they'll temper it with, but it could be a false correction, don't get excited.  To hear them report the news you'd think every newscaster out there holds nothing but ultrashort etfs. 

Oct 13, 2008 7:37 pm

Dow goes down 770 points, headlines use terms like "plunges," "crashes," collapses," "blood bath, "global free-fall," "plummets," "melts down."

Dow goes up 936 points, headlines include "rises," "jumps," "snaps back," and "rallies."

It's obviously easier to scare people than it is to inform them. 

Oct 13, 2008 8:05 pm

" The Dow industrials leapt 936.42 points, or 11.1%, to 9387.61, in its biggest single-day point gain ever. The rally ended a miserable eight-day slide in which the Dow fell almost 2,400 points. "


History in the makin', people.