Wall Street roars back in wild trade after Fed meet

[GamerGal]

http://finance.yahoo.com/news/Wall-S...04806.html?x=0

And notice how the righties fall silent...

Dow tanks? A dozen topics about how Obama should be lyn... er, "impeached". How the Democrats screwed every thing up, even though the S&P report puts the blame on the GOP.

But it skyrockets up? Not a word... Not a single topic.

http://forums.armageddononline.org/i...ad-t31576.html

“We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.”

[custompainter]

Fuck the politics....I made some money today WOOT!!

[JenaS62]

And tank again.....down 464 and counting.

[Reef Badlaw]

Yep, Jena... fluctuating between minus 475 and minus 470 a minute ago... Institutional investment-firms can't buy bargains fast enough. They're scooping wildly.

[pico]

You are a dope, GG, if you think the markets are roaring back. While the interest rate lock in might help some, there really is nothing else Uncle Suga can do to manipulate the markets to make another stimulus. If this doesn't work, which it won't in the long run, things will get worse in a hurry. Look at today for example, and then to the price of gold. It is hitting all time highs, which would not be the case if things were on the up and up. Investor confidence is down, and the nation feels like it is in a depression.

[JenaS62]

The bear is the only thing roaring on Wall St.

[Blu-ray]

Well so much for roaring back!

[Freddy]

Europe is a mess and Goldman Sachs was talking out its ass about QE 3.

[lycanox]

And thats another 520 points down.

[Sirius]

The bear is the only thing roaring on Wall St.

Actually, I think it might be Godzilla.

[lycanox]

Nope, its Bears, giant falling arrows and Pandas.

+ YouTube Video

[Abyssal_Worm]

Seriously...don't bother watching the markets on a daily basis. We are going to see these kinds of wild fluctuations on a regular basis for at least a couple of weeks. Wall Street is over-reacting to every single piece of news without giving time to digest what it actually means. We should see the fluctuations reduce as investors sober up, but its going to take a little time.

[Nu Kua]

Where do those terms come from? How are bears associated with one and bulls with another?
It's quite interesting, both are creatures that have a big history with humankind, which I'm sure has nothing to do with it.

[lycanox]

Seriously...don't bother watching the markets on a daily basis. We are going to see these kinds of wild fluctuations on a regular basis for at least a couple of weeks. Wall Street is over-reacting to every single piece of news without giving time to digest what it actually means. We should see the fluctuations reduce as investors sober up, but its going to take a little time.

Problem is. The recent days are clearly a break from the previous movements on the market.

This is thus not business as usual.

Where do those terms come from? How are bears associated with one and bulls with another?
It's quite interesting, both are creatures that have a big history with humankind, which I'm sure has nothing to do with it.

Bear market = declining market.
Bull market = rising market.

Bulls attack with a upwards trust with their horns and fast.
Bears are sluggish and attack with an downward slash with their claws.

The markets derive their names from the trade in bearskins, which was back then known for various group trying to make an profit out of drops in the price and the pit fights between bears and bulls they held back then.

[Abyssal_Worm]

Where do those terms come from? How are bears associated with one and bulls with another?
It's quite interesting, both are creatures that have a big history with humankind, which I'm sure has nothing to do with it.

Bears run with their heads lowered thus corresponding with down days of the market....Bulls typically run with their heads elevated unless they are about to ram into an adversary thus corresponding with days in which the markets are rising.

[Reef Badlaw]

Where do those terms come from? How are bears associated with one and bulls with another?
It's quite interesting, both are creatures that have a big history with humankind, which I'm sure has nothing to do with it.

Bulls charge headlong, buying everything-up regardless of cost. Bears slash-about chaotically, selling everything regardless of price.

That's the jist of my memory on it.

[lycanox]

I got it explained originally as this.

When bears hits you they smack you down on the ground. When a bull hits you it sends you flying.
Both hurt like hell so dont invest.

[olddragon]

Bulls look up and move ahead at a steady pace (most of the time)
Bulls can be led or herded in a positive direction.

Bears destroy and cause chaos.
Bears go where they will.

[GamerGal]