How The World Almost Came To An End At 2PM On September 18

Re:How The World Almost Came To An End At 2PM On September 18 by jah on Tuesday February 10, 2009 @03:34PM (#475889)

Can anyone explain why this activity wasn't reflected in the stock market? The DOW had a +400 point gain on Sept 18th.

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Re:How The World Almost Came To An End At 2PM On September 18 by pj on Tuesday February 10, 2009 @03:38PM (#475903)

The money was coming out of money market accounts. If the DOW went Up 400 pts, perhaps the money was going /from/ money markets and /to/ the market.

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Re:How The World Almost Came To An End At 2PM On September 18 by jah on Tuesday February 10, 2009 @04:41PM (#476020)

If true it certainly highlights the paranoia of the day. Keep in mind, the DOW lost approximately 800 points in the three days preceding Sept 18th. Were investors in such fear of a banking collapse that they chose to divert funds from "secure" money markets to the insanely volatile stock market?

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Re:How The World Almost Came To An End At 2PM On September 18 by jaaron on Tuesday February 10, 2009 @11:38PM (#476519)

The DOW is a horrible measurement of what's going on in the economy. Don't use it.

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