Comments | clever_title: Rational markets , my ass!

clever_title

Rational markets , my ass!

Apr 18, 2008 09:45

These were the headlines on my home page this morning:

Banking News Apr 18, 9:15 am ET • U.S. stock futures rally after Citigroup, Google results - MarketWatch ( Read more... )

econ, finances

Comments 3

mark_o_rama April 18 2008, 14:20:24 UTC

Maybe they just assumed we've finally hit rock bottom, and have nowhere to go but up?

clever_title April 18 2008, 17:00:12 UTC

I've been hearing this "the worst is behind us" happy talk for over a year now.

setzeroni April 18 2008, 14:53:09 UTC

I'll take the market craziness, because, let's see, if I had followed through in March and bought 50 shares of AAPL, 20 shares of GOOG like I wanted, I'd be at...

AAPL: +1876.50 (+30%)
GOOG: +1485.60 (+16%)

Cost: 15226.90
Now: 18589.00
Gain: +3362.10 (+22%)

...Not bad for an amateur bottom-fishing in a bear market. :)