InvestorsHub Logo

zab

05/07/10 11:34 AM

#650642 RE: Smart_Money #650640

Todays market has more moves in it than I have seen in a long time. Up, down, I mean how many times can we go up and down in one trading session, and tell the public, and anyone else who will believe you that everything is just fine. I am scared to death watching this market go up and down like a yo-yo.

Some very smart people are getting out of this market, or they are using these movements too hedge positions. But I am tired of just watching the action.

Taxmantoo

05/07/10 11:56 AM

#650645 RE: Smart_Money #650640

ACN is, not surprisingly, on the 'busted trade' list.

http://money.cnn.com/2010/05/07/markets/explaining_wall_street_turmoil/index.htm