Can you imagine what it must be like to try and write the flash stories you see on stock market pages on CNN Money, or Fox Business etc?
How the hell do these people do their job in the past 8 weeks?
Headlines:
8am...News from Europe on central banks drive futures up by 120
9am...News from Europe on central banks erase futures gains.
10:15am...Something Bernanke said brings out the bears...market down on start.
11:00am...Housing Market data frightens Wall Street...Dow down 100 pts.
11:30am...Consumer sentiment encourages buyers....Dow erases early losses.
12 noon...European Central banks may not throw more money away after all...Dow down 215 pts.
1pm...Dow surges ahead with news from Caterpillar...Dow up 45 pts
1:05pm...consumer sentiment report brings bad news...Dow down 130 pts
and so on and so on.
Insane
How the hell do these people do their job in the past 8 weeks?
Headlines:
8am...News from Europe on central banks drive futures up by 120
9am...News from Europe on central banks erase futures gains.
10:15am...Something Bernanke said brings out the bears...market down on start.
11:00am...Housing Market data frightens Wall Street...Dow down 100 pts.
11:30am...Consumer sentiment encourages buyers....Dow erases early losses.
12 noon...European Central banks may not throw more money away after all...Dow down 215 pts.
1pm...Dow surges ahead with news from Caterpillar...Dow up 45 pts
1:05pm...consumer sentiment report brings bad news...Dow down 130 pts
and so on and so on.
Insane
