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Analyst: Monday Was Bad, but No So Bad

Mixed Martial Arts Video Collection
Mixed Martial Arts Video Collection Mixed Martial Arts Video Collection
Mixed Martial Arts Video Collection

U.S. stocks headed for a partial rebound Tuesday, a day after logging their steepest losses in years when the House voted down a proposed $700 billion rescue plan for the financial sector. (Sept. 30)

Channel: News & Politics
Uploaded: November 30, 1999 at 12:00 am
Author: AssociatedPress

Length: 01:15
Rating: 4.67
Views: 331

Tags: analyst:  bad  monday  street  wall  

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Video Comments

rahungry (November 30, 1999 at 12:00 am)
This pig is so full of it. I can smell him from here.
getplaning (November 30, 1999 at 12:00 am)
Trading volume is the pressure that pushes averages up and down. Yesterday's volume was not that high, considering the percentage move. This is actually a good thing, because it indicates that traders who want out of this market have already sold out, and are now waiting for signs that conditions are going to improve. When they do, there is a lot of capital ready to buy back in, and equity prices will rise, possibly very quickly.

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