Equities staged an aggressive comeback. Dow jones rose to 16,492 and nasdaq gained 128 and s p 500 up 48. For the blue chip dow index, its the 12th triple digit move in the last 14 trading days since august 19th. There have been only two sessions with moves up or down less than 100 points. Its all of those big wild white knuckled swings that have put investors on edge, but not all of them. The most respected and influential investor of our time, warren buffett, isnt worried about this market. Thats what he said about becky quick who spoke to him in new york city and said up days are nice but down days are better and he gets to buy what he likes at a cheaper price. Im no good on whats going on in markets. I have no idea what will happen tomorrow or next week and sometimes they get very volatile like this and sometimes they put you to sleep. But the important thing is where they are going to be in five or ten years and im confident they will be considerably higher in ten years and i have
Equities staged an aggressive comeback. Dow jones rose to 16,492 and nasdaq gained 128 and s p 500 up 48. For the blue chip dow index, its the 12th triple digit move in the last 14 trading days since august 19th. There have been only two sessions with moves up or down less than 100 points. Its all of those big wild white knuckled swings that have put investors on edge, but not all of them. The most respected and influential investor of our time, warren buffett, isnt worried about this market. Thats what he said about becky quick who spoke to him in new york city and said up days are nice but down days are better and he gets to buy what he likes at a cheaper price. Im no good on whats going on in markets. I have no idea what will happen tomorrow or next week and sometimes they get very volatile like this and sometimes they put you to sleep. But the important thing is where they are going to be in five or ten years and im confident they will be considerably higher in ten years and i have
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