“And now we’re back where we started,
Here we go round again.
Day after day I get up and I say
I better do it again.
Where are all the people going
Round and round till we reach the end.
One day leading to another,
Get up, go out, do it again.” – The Kinks
What a silly week!
The Dow was up 100 early Monday then dropped 175 then gained 200 into the close then dropped 100 Tuesday morning, then regained 175 and made the week’s high at Tuesday’s close and then we opened down 300 Wednesday morning, bounced 100 and dropped another 200 to finish the day at the week’s low, just 6.5 trading hours after making the week’s high.
Then we gapped up 100 yesterday morning and topped out up 150 but gave 50 back into the close. Add it all together and we’re down 50 points from last Friday’s close. Did I pick a good week to take a vacation or what
I gave a mini-dissertation to Members earlier this morning on why I think the World is not ending and why that…
