Yesterday's "rise" of 619 on the Dow was the third largest "up" day EVER. Huzzah! Great!
- Of course, that still left the Dow "down" over 2,000 points from its peak.
And the two largest "up" days, numbah one and numbah two, were in October 2008......smack in the middle of that economic crisis and prolonged market crash.
Big daily "ups" and big "downs" are NOT signs of a stable market. They ARE signs of an ongoing market crash.
- The overarching trendline is "down" and daily gyrations (like whatever happens today....the Dow is "up ~214 as I type this) is just so much distracting white noise.
Thursday, 27 August 2015
Step right up and place your bets!.....................from Rico
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