Just Doing Our Part
Jim Wiandt (October 29th, 2008) Writes:
Matt—in times like these, we just try to do our best to help the nation and the world.
It was great to ring the NASDAQ closing bell on a market that was up about 11%. For anyone who saw the video (and you can see it here), I was genuinely cheering up there. Yesterday, I might have even been cheering in front of my computer screen with the browser set to Yahoo Finance.
The truth is, though, that for us at the Journal of Indexes, boosting the markets to a big day was nothing special. I mean, the LEAST we can do is rally the markets a bit to just do our little part.
All fun aside, though, these markets make me very nervous. This kind of volatility is never a good thing unless you're a trader who makes his or her living scalping other people while the market
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