Stock Market and PPT question/observationSubmitted by Dale in Oklahoma on Mon, 03/17/2008 - 20:52
Hello all. I have a question/observation that I would like to share and get some info on.
Last night I was watching as the opening average was down over 200 points.
On the way home from work I heard the stock market report on our local radio station and this is what she reported.
(1) Dow-up 29 points
(2) HOWEVER Losing Stocks outnumbered gaining stocks 3 - 1 !
(3) Trading Heavy with over 2billion
(4) NASDAQ and every other stock market lost their butts.
Normally when the DOW closes this close the losing and gaining stocks are very close to even.
So is this the PPT at work here or what? So I am assuming that these chumps spend tax-payer money to boost only "DIA" stocks and let everyone else sink, right? Any thoughts or help here.