Dow rebounds with biggest one-day gain ever!

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11.1 percent in one day. It's the old finance axiom, "When people get greedy, get scared, and when people get scared, get greedy."
  • added October 13, 2008
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News and Politics

9 responses // Dow rebounds with biggest one-day gain ever!

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    936 points - biggest point gain ever for the DOW.

    fountaingoats
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    And tomorrow it will fall a couple of points and everyone will freak out again.

    Scott_Bromley
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    Oh this is only the beginning of the roller-coaster ride! 3 weeks till the election after all!

    sgirgis72
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    thank god! i cant take looking at such a never ending loss. i lost 26 grand in the past 2 weeks and my dad lost more then 100 but thats small compaired to larger investers we know. Thank god, but does anyone know if that was the 700billion coming out or just pure luck?

    fight2smoke
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    That is great, I mean good news.

    tanyetta
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    Wow, how random could that be?

    metalcookiesxy70
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    Looks like there will be meat on the dinner table tonight!

    yeti
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    This is not at all random.
    The US injected 700 billions dollars, Germany injected 400 billion Euros. UK some 50 Billion, France as well as Portugal, Spain and others.

    They injected trillions here so that Banks can lend. They went all they way and expect nothing to go wrong.

    What I was really pissed about is the creepy OPEC people that while oil dropped for about 10 days, they were already saying they would cut down the amount of Oil, to produce uncertainty and doubt and spike the price back up again.

    OPEC are bastards. I wish when the world dominates itself from using Oil, that we will turn the back on this vultures.

    petarro
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    What a fantasy world. Make believe money buying make believe assets.

    laffingbear

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