For the first time in what seems like a very long time, I was pleasantly surprised by looking at my
Yahoo! Finance screen today. First the market was up 3%...later in the day it had moved higher...several meetings later, the market was closed...and up 708 bps!?!?!? Seriously, the S&P 500 gained more than 54 points today to close at 822.92. Very exciting. The DJIA has recovered almost to 8,000 after dipping below 7,000. Although there are certainly a lot of scary economic things going on, it sure makes me feel better when the market rallies six or seven percent in a day.