Dow Ends One Of Most Volatile Weeks in History Basically Flat — So What’s Next

lehldk

哦为何没抄底？上周搞不好要出人命的。
http://finance.yahoo.com/blogs/d ... 815207.html#more-id
这一次，地球都有问题了？

为啥没人救中国？

只有跌，什么都跌，才是正解！

The past seven trading sessions have been nothing short of remarkable.

Last Thursday, after a couple of weeks of steady but relatively normal declines, the Dow suddenly tanked 500 points. Then, after a modest recovery on Friday, it fell 600 points. Then it soared 400 points. Then it plunged 500 points. Then it blasted off to another 400 point gain. And, today, after another 100+ point gain, it appears poised to end the week down, but within a couple of hundred points from where it started the week.

What gives?

Is this wild volatility the start of another massive market crash, along the lines of what happened in 2007-2009, or 2000-2002? Or was it just a "correction" -- sharp and scary, but now over and done?

No one knows, but Aaron and I think the risks are still to the downside.

The market's initial plunge was triggered by the European solvency crisis and the US debt downgrade. The shock of both has worn off, but the fundamental problems have not. Although the US economy is not definitely headed for a double-dip recession, as some pundits were asserting earlier this week, a recession certainly seems possible. And, regardless, the European situation and the US debt-and-deficit problems have no easy fix.

If the US can avoid a recession and the European crisis can be "contained" -- a scary word, given the happy theory in 2007 that the subprime collapse would be contained -- then the market may well have hit its lows for the year. If that happens, historians will likely attribute the recent plunge to investors adjusting to the country's slower growth prospects after the recent slowdown -- say, 2% a year instead of the 3%-4% economists were once expecting.

If Europe continues to blow up, however, or the US does sink back into recession, there's almost certainly more downside for the market. The crash of 2007 began just this way, and it lasted far longer and was far more pronounced than most observers expected.

So, enjoy a well-earned weekend and rest up for the week ahead. It seems unlikely to top this one in terms of pure hysteria, but it's unlikely to be boring.

lehldk

建议大家多听听 yahoo daily ticker, google finance不行

面瓜

看来胡同里的老大们这周都没动，

荣幸啊，这次我和老大们站在一边了。

6degrees

面瓜 发表于 2011-8-13 19:49
看来胡同里的老大们这周都没动，

荣幸啊，这次我和老大们站在一边了。

估计都看傻眼了，呵呵。