Tuesday, September 20, 2011
Covering the market this week for me is like thinking of going to the dentist.
Tense.. Aggravating and full of Dread.
I just know more precious US taxpayer dollars are going to be diverted to the banks and Wall St after the Fed's two-day meeting finishes up. And the thought of those sociopathic investors being jubilant is just not a pleasant thought. So unless there's a nice surprise, I will keep postings relatively brief on this topic.
Today was such a surprise- The Dow started today at 11,400 then went up.. then down.. then up.. and went up.. up.. and by 2:15p it was at just about 11,500 based on Greece I suppose.. then.. down, down, down... to finish at...
If you spent this day of your life daytrading in this market-- a day you will never ever get back-- you accomplished nothing.
Posted by Susquehanna at Tuesday, September 20, 2011