Tuesday, October 28, 2008

Commentary: Will The Real Dow Please Stand Up!

Tuesday's massive 889-point Dow surge is just another reminder that the Dow Jones is on its own strange roller coaster of ups and downs.

If the Dow were a person, it seems to be acting as strange as some of the people whose live revolve around it. Oh wait, isn't that all of us?

The American people, on the verge of a vast mental episode and beer-drinking binge, has to be cross-eyed over the latest giant market surge. Should they drink a 12-pack tonight or not? And what does it all mean? Certainly the latest surge means the American and possibly the global economy is far from stable -- but not dead.

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