Originally posted by homedawg
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Its even been said during the Great Depression, there were record gains sporadically over certain days.
It's like if you had 100 bucks, and lost 75 bucks in one day, the most youve ever lost in one day only to see yourself finding a 20 dollar bill the next week the largest one day gain you've seen, yet your total worth was still only 45 bucks, still bad compared to the 100 bucks you had from day one.
So while the swings are great, the big picture is we are still in the midst of a recession. A two day gain followed by another slip is of no correlation to Obama's election especially when all the fingers pointed to Cisco's lowered sale outlook. I doubt the majority of anyone would think we would be out of this economic crisis in only a matter of days, its gonna take a few years.
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