Just another pedestrian 600 point rally for the Dow Jones Industrial Average. Facetious as that last sentence may sound, there exists a bit of truth under the sarcasm.
At 5:00 PM today, when the market reopened after its brief two day slumber, buyers quickly forced a 20 point rally in the S&P index. Not to be out done, a couple hours later the sellers decided they’d had enough of the optimism and swiftly pushed things in the other…
Just when it looked as if the market had lunar aspirations, the reality of financial gravity set in and the futures tumbled right back down to a more reasonable level. As justified as the mini-correction is, it doesn’t mean that it didn’t inflict a little bit of pain on those…
Near misses really sting, but they are inevitable if unpredictable. Sometimes the best laid plans fall to pieces due to a mis-timing error — even one as little as fifteen seconds, or however long it took me to walk from my office to my kitchen. When the market…