What's driving the Dow?

[nun]

+400, -200, +250 ish.....if we could harness the oscillations of the Dow we'd have solved the energy crisis. Do stock prices go up and down because of earnings reports anymore? At some point folks are going to get over the Bear Stearns thing, look at inflation, a couple of quarters of zero growth, reduced purchasing and consumer confidence numbers and make some rational decisions.

 

[Notmuchlonger]

Hope

 

[DblDoc]

Investors.

DD

 

[audreyh1]

Greed and Fear. Same old same old.

Audrey

 

[clifp]

Warren said it best
Mr Market is manic depressive. The mood swings are just happening every hour now days.

 

[dumpster56]

The dow is a Casino mentality, everyone thinks they are going to win!

Its gambling.

 

[retire@40]

The market does whatever it does.

Then we try to look for answers to explain it.

 

[Helena]

Read the article at link below...

Cash is King



... the market was up big today with Options Expiration.

Market Ticker

 

[chinaco]

rate cuts and fear

 

[Arc]

On a daily basis - Emotion, Emotion, Emotion - It's a beautiful thing since it brings Opportunity, Opportunity, Opportunity. Until I really understood this, I thought the market was a sham.