The Dow ended today up 900 points.
Greed wins this round of the market "meltdown."
Last week the dialogue looked like this: "It's going into the toilet. It's the end of the word. We're finished. The kids can't go to college."
Today's dialogue: "I can get Morgan Stanley for how much?"
We'll see what tomorrow brings. Look for the Dow to dip in the next day or two as investors take profits. Also look for the news channels to keep the Dow index in the corner of the screen and scream bloody murder if it drops more than 100 points.
I hope you've caught on by now that for the media, a bad day for you is a great day for them. They want you frightened. Don't allow it.
Photo: Wall Street Journal
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