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To: T. P. Pole
115.13 to 115.9 is a relatively big shift for a single day's trading, but not a particularly big deal. There are plenty of days the Dow goes up or down 200 points or more, and then is right back where it started two or three days later.

Financial reporters just aren't very good at looking backwards beyond yesterday's trading. If stock X tumbled from $15 to $5 yesterday, but jumped from $5 to $6.25 today, they'll report on how "stock X was the number one gainer on the Dow today..."

7 posted on 05/19/2003 1:09:34 PM PDT by Timesink
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To: Timesink
The Federal Reserve - What Is It? Who Is It?
http://www.freerepublic.com/forum/a3b13c8401f8f.htm
66 posted on 05/20/2003 2:20:18 PM PDT by follow the money
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