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Originally Posted by crucifissio
a bounce happens after each massive drop...it is only normal...calling it "record gains" is very amusing indeed...appropriate bounce is what happened IRL...no stock falls straight down...traders trade...
also keep in mind that there is a reason the price went down in the first place...nothing has changed...
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A taxing stock slump resumed Thursday, as the euphoria that swept the Dow Jones Industrial Average to its biggest-ever point gain subsided, pulling the blue-chip index down more than 300 points. , after investors made an about face from Wednesday’s historic rally—when the Dow surged more than 1,000 points. While investors weren’t surprised to see major stock indexes fall again—the Dow industrials has risen just six of the 17 trading days in December so far—the volatility and massive moves have been dizzying.