Quote from EMRGLOBAL:
Just wondering, even thought people "cut and paste" writtings, do you not think that Bloomberg has an Idea of what is going on?
Of course the Main Stream media, Bloomberg can be somewhat, reactionary, but they do make sense 99% of the time.
Think about it, do you really believe that today and yesterday is a trend reversal and the bottom is in?
2001 flooded cheap money into the markets, they bubbled into 14000 and sold off, the fastest in the markets history. From 14000 to below 7500 in less than what 6 months.
What do you think is going to happen when all this Cheap money brings Carter erra inflation? The market will reverse and start a Bull?
This volatility is great, while it last. However, the volatility shows "Panic". IMHO we will give all the gains back after Thanksgiving.
Bull market will be back, but we just started the Bear.