whining. longer term meaning, greta, investors should remember this for the next time around. number one, it s never as bad as the fraidy cats fear. number two, the markets fall faster but they recover faster so sit tight. number three, greta, don t sell in a slaughter. if you can muster the courage, buy a little built. the two boogie men, europe an the recession, seem to be off the table. greta: you re gloating pretty much about what happened today. i don t know. i ve seen so much gyration in the market in the last 60 days in particular that i m a little cautious before i start doing the dance on the set here. tomorrow night, you know, there could be a lot of moaning and groaning, a lot of whim perking. asia is trading, they re already up 2% this morning. stocks in the u.s., i ll bet you the dow drops 150 at least tomorrow. if you re a trader and you re up four out of five days, you go in the weekend with your bets on
whining. longer term meaning, greta, investors should remember this for the next time around. number one, it s never as bad as the fraidy cats fear. number two, the markets fall faster but they recover faster so sit tight. number three, greta, don t sell in a slaughter. if you can muster the courage, buy a little built. the two boogie men, europe an the recession, seem to be off the table. greta: you re gloating pretty much about what happened today. i don t know. i ve seen so much gyration in the market in the last 60 days in particular that i m a little cautious before i start doing the dance on the set here. tomorrow night, you know, there could be a lot of moaning and groaning, a lot of whim perking. asia is trading, they re already up 2% this morning. stocks in the u.s., i ll bet you the dow drops 150 at least tomorrow. if you re a trader and you re up four out of five days, you go in the weekend with your bets on
it. reporter: bad new, new fears that france is on the verge of a credit downgrade of its own after an historic u.s. downgrade in a debt debate that lasted the entire month of july. . those rumors reignited all of the fears of 2008. this time, starting in france. reporter: the whip saw trading cost american investors $2$2 trillion in lost wealth in just the last month. given the tumultuous stock market, i am inclined to not invest in the stock market for a while. reporter: what should you do with your money. experts say if you re not immediately retiring or funding a college education. stay the course, even with the gyration. of course that s tough advice to give given the market swings. take a look at this graph. two investors invested into the market 15 years ago. the one who rode out the ups and downs without selling would be
rip roaring rally late in the session. the dow jones industrial spin through a 640 point range 0 finish 429 points in the green. the s&p 500 surging 53 points and incredibly heavy trading the xxxvii nasdaq 124 points. the dow regained its footing late this afternoon after wild gyration following the federal reserve assessment of the economy. not a lot of substance in that fed statement today. the economic is weaker than expected and pledged to keep interest rates exceptionally low through 2013 with no hint of another round of stimulus. yields plunged in the wake of that report, then rebounded along with stock. cap it with earnings. disney added to gains on better than expected sales ap profits after the closing bell. that s it for cnbc, first if in business worldwide. back over to hardball now.
the that, and they see the stock market as an extension of that. because, let s face it, it s your 401(k), it s your ira, the it s your savings for your kids college education. alisyn: can that take a hit? reporter: the crash of 87 cooccurred for a lot of reasons. led the market a lot lore, but it s at predictive. george bush, the first george bush, came to office in a very weak economy. he paid for it because it looked like he didn t know how to handle it, and i think some of this gyration is, obviously, an indication that traders don t like this economy, and will this president pay for it? who knows. reporter: the one we just experienced ranked number ten, but in terms of percent, it wasn t that big a deal. reporter: how about if you added up all the days that went down? that s a lot. that s big. alisyn: so what are people supposed to do today with their money? reporter: don t listen to the idiots, traders. get past the noise of the market, do what s right for you.