DOW up almost 900 points
...good news is not news
Posted by :Drew McKissick October 28, 2008 - 7:17pm
The market was up over 11% today...an amount by which, when it went down, all the folks in the media announced that, "over a trillion dollars of wealth was lost today...". How many saw - or expect to see - the reverse?
"Over a trillion dollars of wealth was added to American's pocket-books today, rising by the second largest point gain in market history....and in other news, the price of oil is down to 63 dollars a barrell - over 60% lower than where it was early this summer..."
Yea, I'm not looking for it either.
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