muses of the moment

June 1, 2009

Last Friday’s Close

Filed under: DOW and S&P500 — totallygroovygirlfriday @ 6:35 pm

As I have said I am not a day trader, but I do look at the ticker once a day or so. So, what was up last Friday?

I wasn’t the only one asking.

Read the full article from The Market Ticker, “What Was That?”.

Option 1: manipulation

Option 2: someone lost his shirt

Maybe a little of both.

And what about today (Monday)? It’s nuts. GM files for bankruptcy. GM and Citibank, two of the biggest American companies, are removed from the DOW JONES, and it is up over 220 points?

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