Oops, it's at -235 now. That's what ZERO will call an :up and down gyration". So don't worry, everything is fine... The DOW falling 1000 points in two weeks is "normal".
I've never seen nothing like this in my life! I did manage to sell off the last of my stock and get out of the market today though, thank goodness.
Lesson: don't hang on to anything for more than a day.
High volume "wildly gyrating" stock are fun to day trade, but it is ultimately a sell off, so the volume dies off along with the number of traders, so picking off profits on nickle and dime increases dwindles away quickly as well.
Obama IS going to wake up, (or rather, his advisors will eventually "advise him" properly after they are done sweezing everything they can out of the markets) that he can no longer spend, because the nation is broke, and all the private capital has left the country so good luck finding any of those "rich" to tax.
That will be the time all his supporters are woken up as well, when Obama is forced to tax the crap out of them, and take back all his promises.
Then we will smell tar boiling.
I’ve been out for a couple of months now, but what’s left my wife’s retirement stock/savings are still in and being diminished by the day.
She’s has over 25 years of comitment to this and she’s lost over half it’s value this past year. -187K. Oh well, she does like her job. LOL
Obama is killing us... hope it stops soon, but I doubt it will.