Posted on 03/02/2020 9:59:45 AM PST by John W
Stocks rose sharply on Monday in volatile trading as Wall Street attempted to pare losses incurred during the worst week since the financial crisis amid fears of the coronavirus outbreak.
(Excerpt) Read more at cnbc.com ...
Does this mean the end might not be nigh? That’s gonna disappoint a lot of folks here.
US media is greatly disappointed.
Feverishly working on how to gin up more fear.
Nice bounce. Quite soothing after the chaos of the last week.
Don’t forget to refinance your mortgage.
Some on FR are likely deeply saddened.
Was hoping for and end of 1/4 revival to reap reinvested shares at a bottom.
Noticed the ticker missing more frequently on FNC when home for lunch. I’m sure just a bug.
Headline re-write: Dow jumps 800 points as Wall Street realizes they’ve been trolled
Number of new cases of Covid-9 in China is declining. However increasing number of cases elsewhere. But containing the epidemic seems to work. Not widespread community transmission.
https://www.youtube.com/watch?v=t4rW3QFiuN8
The plunge protectors are just sucking in more suckers.
Correction was due even before the virus.
Yes and CNBC trying its best to spin it to say it shows more panic.
“That’s gonna disappoint a lot of folks here.”
I am a glass half full guy. This could be the suckers buying in after the Wall Street money managers told everyone to buy today. Lets see what it does at 4:00
I don’t think that the investors are trying to pare last week’s losses. That is just the effect without the intent. What they are trying to do is take advantage of oversell.
Panic Buying?
Commie media is very very disappointed, sad faces everywhere..
Stocks are buoyed up because frankly, where else are you going to put your money?
Precisely. Odds are whatever is going to happen will be over in at most a year, and then things will return to normal. If you are saving for over a period of 10-20 years, it will be but a blip by then.
What?? People on Free Republic like to see stock market crashes???? What the heck??
Ask super wealthy people like Trump about that.
Nobody buying today is a sucker, unless the SP500 never ever ever never makes another Historic high again.
The odds are good to profit in this market.
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