October 29, 2009

Yesterday the Dow Jones Industrial Average went down about 139 points. Today it went up about 199 points.

What I can't understand is that Today and late Yesterday all the financial commentators were busy saying how bad the economy was. They were talking about the bad indicators that were creating Yesterday's drop.

After they were sure the market indicator was moving and staying up high they were saying how improved the economy was and how bright the future looked.

I have never saw an economy change so much in a matter of hours. I can understand the fluctuations of the market. It is powered by rumors, corporate announcements, mergers, buys and sells.

But don't assume every one is an idiot. Leave the economy out of it. Yesterday's bad economy will not change suddenly and become today's bright future.

It seems whenever somebody like Federal Reserve Chairman, Treasury Secretary or the President say something the market reacts. I wish they would keep their mouth shut.

Don't play with my life's investments.