Friday, May 21, 2010

Whiplash or Bounce?

Whiplash rally boosts Dow 125

Stocks finished sharply higher Friday in a whiplash rally that saw an early swoon, a big morning upswing that faded completely and then late buying that appeared seemingly out of nowhere.

Seeing as how the DJIA closed at 10,620.16 last Friday and closed today at just 10,193.39, there may indeed be an alternate description for today's rally. It's probably too early to say for sure though.



No cats were harmed during the making of this video.

5 comments:

EconomicDisconnect said...
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EconomicDisconnect said...
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Stagflationary Mark said...

I was a game programmer. I had nothing to do with the making of Halo or Borderlands. I worked at neither company.

This joke is getting old. It was funny at first but it is starting to wear on me.

I have to continually keep telling any new readers that I had nothing to do with these products.

watchtower said...

"there may indeed be an alternate description for today's rally"

Deaf cat bounce?

Stagflationary Mark said...

watchtower,

Hahaha!

"Very sleek and fat did the cats appear, and sonorous with purring content." - H.P. Lovecraft

Very sleek and fat did the cats appear, and sonorous with purring rock band content?

"Content" has multiple meanings and pronunciations! ;)