Thursday, November 13, 2008

More ups and downs than the aviation pioneers...

The DJI closed today at 8,835, down 1,961 points since the bailout passed.

That, however, isn't the interesting part. It fluctuated across a range of almost 920 points today (finishing near the top, BTW). A 10% fluctuation in ONE DAY strikes me as highly unstable, even if the trend is positive.

The DJI is down almost exactly a third Year To Date, BTW.

(Sings)
Those overpaid men with their stock trading schemes,
They go upity-up-up, they go downdy-down-down.
They impress politicians and steal all your beans,
With their upity-up-ups and their downdy-down-downs.
Up! Down! Looking for loot,
Leaving the trade,
In a gold parachute!
They're now evil has-beens,
Those overpaid men, oh those overpaid men with their stock trading schemes!

2 comments:

Toni said...

Sung to the tune of "flying trapeze"? Did you come up with that yourself? lol

Gridley said...

Actually, to the tune of "Those Magnificent Men and Their Flying Machines" from the movie of the same name.

Yeah, came up with the words myself.