Posts Tagged ‘wallstreet’

Whiplash market

Friday, October 10th, 2008

What a wild and crazy ride today. The Dow down near 700 points at one point today and then rallying back to close down only double digits creating the largest intra-day range in history. For us long term investors, a volatile day like this doesn’t matter much in the long run, unless of course you are buying up stocks while while the market is down these last weeks.