TSP Talk Blog

Stocks followed Tuesday's negative reversal with a positive reversal after a deep midday sell-off was quickly bought up again. The Dow gained 553-points in quite a rollercoaster ride of a day. In late morning trading it looked like the Nasdaq, which opened higher on the day, was about to crash as it was down 200 points (more than 2%) in the blink of an eye but it bounced back the rest of the day closing up 72-points, or +0.77%. Crazy day. The bulls are apparently still very serious.
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