At the Mercy of Mood Swings
Did you notice the way the gloom had taken over midweek? We entered the week with nothing but high hopes for markups at the end of the quarter, but after Tuesday and Wednesday the gloom had taken over. On Thursday morning I saw comments such as "here we go again with the morning fade."
Then, of course, by the time the rally was underway midday Thursday we were right back to happy talk. I can honestly say I never remember a market that had so many mood swings within the course of a 2% range in the S&P....381 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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