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Originally posted by BlueTriangle
It looks like a glitch in the data to me. For that brief time period, it dropped right down to where the DOW started at the beginning of the day and came right back up. It would be one heck of a coincidence if the DOW just happened to drop to exactly where it started at the beginning of the day.
Originally posted by CaptGizmo
Originally posted by BlueTriangle
It looks like a glitch in the data to me. For that brief time period, it dropped right down to where the DOW started at the beginning of the day and came right back up. It would be one heck of a coincidence if the DOW just happened to drop to exactly where it started at the beginning of the day.
If that is the case then it almost looks like they restarted or reset the market figures which, I don't know how they could pull that off. Anyway if it was a glitch;its still there....see here.
finance.aol.com...
Originally posted by CaptGizmo
reply to post by Willbert
Right the market figures showing that spike was at aprox. 10 am and as stated earlier the announcement was not until 2pm.So what does all this mean then?
You can see the market move up as stated in the news after the Feds announcement at 2pm.
[edit on 8/5/2008 by CaptGizmo]
Originally posted by CaptGizmo
reply to post by Willbert
I agree with your assessment there...it just seems like a big gamble with a lot of shares don't you think?Someone is expecting the market to turn around soon maybe.
Originally posted by Relentless
and if oil is tanking -WHY ISN'T GAS GOING DOWN TO WHERE IT WAS WHEN WE WERE AT $120????