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ESZ8 10-10-08
Now let me see, are we down 700, up 200, down 500….we were all these things today and more. The surprising thing to see was actual buyers in the market again. There has been a noticeable lack of buyers in the last couple of weeks. Which is not to say that buyers overwhelmed the market, they didn’t… but there were bona fide groups that appeared to mutual funds trying to find some value.
As for myself, when the market dropped 700 at the open and then roared back to +200, I shut the computer off and went golfing. I don’t have much to tell you about the market, other than it ricocheted around all day and I wanted no part of it.
And my golf game wasn’t much better, but was quite enjoyable.
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