Is it just me, or does the fact that the dow jones average jumped almost 1,100 points today – the largest one-day gain in its history – make some of the folks telling us we are in the midst of a massive crash look a tad premature?
I have no idea what the future will bring. Maybe the market will drop back by that much and more….and maybe it will continue on its newly re-discovered upward path.
But that’s precisely the point, isn’t it? Except for the people who manipulate the market (and don’t doubt for a moment that they exist), NO ONE knows for sure.
Or, in the immortal words of Scarlett O’Hedgefund, “Tomorrow is another Dow”.