Up 932 pts on Monday. Down 733 today. Wow, talk about a roller coaster!
This is very interesting. These days are getting crazy.
So what do I expect for tomorrow? I'm not entirely sure, but I do believe we'll have at least a slight rally. Why? Well today was a bad day on The Street because of worries of a "prolonged recession." While this may be possible to be happen, this news came in and we didn't break through Friday's lows. Today the QQQQ's closed bottomed and closed at around 30. Friday's low was 29.38, though the final close was 30.58. On the Dow the close was higher than the Friday close which was 82. Today's Dow close 84 vs 82 on Friday.
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