Reader comments: Rebound: Dow surges 936 points for biggest gain since 1933
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Keith in Colorado | 6:00 a.m. Oct. 14, 2008
Just as our government's involvement (deregulation, etc.) and the Federal Reserve's manipulation of lending rates and printing of worthless dollars, has brought the U.S. economy where it is today, I fear that internationally we'll have the same result by the G7's attempts to stabilize our world economy. I sincerely hope this won't be the case; but, I simply don't trust them because they have an agenda that reaches far beyond our nation's recovery.
Ever Heard Of | 6:18 a.m. Oct. 14, 2008
Have you ever heard of a Sucker Rally?
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It is All About Confidence | 7:37 a.m. Oct. 14, 2008
I'm always amazed at how emotions rule the stock market. Hopefully this confidence in our economy will remain.
"Sucker Rally?" Good grief.
"Sucker Rally?" Good grief.
No volume=no recovery | 9:25 a.m. Oct. 14, 2008
There was no volume in the rally. Translation: A bunch of small-timers thought they'd found some good deals.
The market will be back down in the next couple of days. Look for a floor around 6,000 before any real recovery happens.
The market will be back down in the next couple of days. Look for a floor around 6,000 before any real recovery happens.
Earl | 11:49 a.m. Oct. 14, 2008
Yes, it is all about confidence, because there's nothing else backing money these days. It's nothing more than paper backed by hope or confidence. It's like the Wizard of Oz: "Pay no attention to the man behind the curtain!" There's nothing there. It's insane to go on like this without having money backed by something of real value (and no, government assurance is NOT something of real value).
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