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Does Wall Street Really Need More Stimulus?

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posted on Sep, 30 2008 @ 01:31 PM
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I'm sitting here watching the stock ticker and with roughly 2 hours of trading left today the Dow Jones is up 371 points.

So it was down 777 points yesterday and now its up 371. That's movement of over 1,100 points in two days.

So knowing that Wall Street makes money everytime there is a trade (buy or sell), what can we surmise? Seems to me there is ALOT of cash being moved the last two days.

Does anyone else find this ironic? An awfully quick rebound, especially since nothing positive has come out of the beltway today. Don't you think?




 
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