Quote:
Originally Posted by Hiryuu Dropped as much as almost 800 points, was in the 9.5K range but it's gone up a bit as of 3PM ET.
Bailout. lmfao | to be fair the bank bailout has nothing to do with the markets; the market fluctuations (more like severe drops in the market) are a reflection of a lack of investor confidence. many investors are taking all/most of their money out of their stocks (which causes the prices to go down) and putting them into the treasury which offers very low yield but is STABLE
as more people do this, the market deflates further, and encourages more people to do it before they also lose their investments, which causes the market to deflate further, etc etc etc
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small waves
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