Dow caught fire today!

[Billy Boerner]

At 1:20 p.m. ET, the Dow Jones Industrial Average soared 585 points, or 6.9%, to 9,036. If today's gains stick, it will be the biggest one-day point gain ever for the Dow. The Nasdaq Composite Index was up 122 points, or 7.4%, to 1,772, and the Standard & Poor's 500 Index had gained 65 points, or 7.3%, to 964.

[Jeffrey R. Jonas]

Directly related to Nick and InterNachi Inspectors !!!

[Billy Boerner]

Maybe so lol. Nick has been warning us all along. Those new to the market are really going to make some money especially if they bought in last week. Those who lost their shirt atleast they have something to smile about again today.

[Michael Larson]

Dead cat bounce

It is derived from the notion that "even a dead cat will bounce if it falls from a great height".

[Billy Boerner]

Originally Posted by mlarson

Dead cat bounce

It is derived from the notion that "even a dead cat will bounce if it falls from a great height".

My first thought as well. Better not get to comfortable.

[Billy Boerner]

BREAKING NEWS:Dow Jones soars 650+ points, climbs back over 9,000.

[whandley]

Originally Posted by mlarson

Dead cat bounce

It is derived from the notion that "even a dead cat will bounce if it falls from a great height".

How much GM did you buy? Up 33% today... I'll be selling mine tomorrow morning as we bounce back a bit...

Hope everyone had a productive day!

[Billy Boerner]

Up to 900+

[Michael Larson]

Originally Posted by whandley

How much GM did you buy? Up 33% today... I'll be selling mine tomorrow morning as we bounce back a bit...

Hope everyone had a productive day!

Good for you Will. Glad it worked out.

33% UP ? Did you buy it last Friday?

If you bought today you didn't do anywhere near that.

I decided a long time ago that short term trading wasn't for me.

[whandley]

I bought Thursday, Friday, over the weekend and today....

http://money.cnn.com/data/afterhours/nyse/

http://dynamic.nasdaq.com/dynamic/afterhourmanyse.stm

You gotta love after hours trading...

Were you active today?

Watching the after hours movement gives you an idea as to where some investments are headed in the next trading session. I'm guessing we'll have a pull back and profit taking tomorrow after almost a $1K run up in the Dow...

[Michael Larson]

Originally Posted by whandley

I bought Thursday, Friday, over the weekend and today....

http://money.cnn.com/data/afterhours/nyse/

http://dynamic.nasdaq.com/dynamic/afterhourmanyse.stm

You gotta love after hours trading...

Were you active today?

Nope I was last Friday though

[Joseph Burkeson, CMI]

I was actually quite impressed...until I saw the volume involved...and now I'm utterly terrified:

Dow Jones Industrial Average
4:05PM ET 9387.61 Up 936.42 Up 11.08%
today's volume: 396,880,854
normal volume: 5,720,040,000

Not even one tenth a days' normal volume.

Oh my... This rally is not very broad based whatsoever.

[Michael Larson]

Originally Posted by jburkeson1

Not even one tenth a days' normal volume.

Huh?

Shares: - Vol: 396.88M Avg Vol: 325.53M

[Dominic J. Maricic]

Shares traded were nothing like last week, but they were still high. There was 60 million shared of wamuq trading alone (I've been having fun with that as I bought at .03).

[Joseph Burkeson, CMI]

Originally Posted by mlarson

Huh?

Shares: - Vol: 396.88M Avg Vol: 325.53M

Yeah, I'm confused too I went to 3 different sites and found three different numbers for volume, I just don't know if it was a high or low volume day.