Sunday, October 19, 2008

A Quiet Dow Decline

"Wall Street ends two weeks of tumult on a quiet note" by Associated Press | October 18, 2008

NEW YORK - Wall Street ended a tumultuous two-week run relatively quietly yesterday. Investors were cheered by signs of easing in the credit markets and managed to absorb lackluster economic news with equanimity. But while there was less volatility than during recent sessions, analysts warned the market still faces rough times.

Well, when you FREEZE 'EM UP on purpose, they are pretty easy to unfreeze, no?

The expiration of options contracts helped tug stocks in different directions. Still, the Dow Jones industrial average traded within a narrower range than it had in much of the past two weeks, ending down 127. --more--"

And that was seen as a VICTORY?