Stocks fell yesterday as investors sold off after only a 1/4 point drop instead of the 1/2 point drop the market was priced for/hoping for. Pre-market trading indicates there could be a rally today. [AP]

Comments

Edit Your Comment

  1. Falconfire says:

    of course there will be a rally… the only people who sold off stocks are the day traders who are making the stock market the disaster it is.

    People who hold on to stocks and invest for the long term are making money no matter what.

  2. earspasm says:

    @Falconfire: Agreed. Day Traders & “Market Timers” are the people who, apparently, sell low and buy high, as was the case yesterday/today. The market is such a joke these days for rational people, people who have long-term strategies. I actually enjoy watching the knee-jerk reactions to the most stupid short-term reports, and completely ignore the fundamentals of the economy, the companies they invest in, and the general world-trends. Id would be funny if it wasn’t so sad.

  3. SaveMeJeebus says:

    In the long run, I would rather hold on to a stock than play the arbitrage game with them. Less headaches IMO.