Thursday, August 11, 2011
Whiplash for stocks may be the new norm---------------------Aug-11-2011--
Whiplash for stocks may be the new norm
Aug-11-2011--At least for the time being, stock investors need to brace for volatility,
Wall Street's gut-wrenching turbulence in the last six trading days has sent many investors into a state of paralysis, watching helplessly as the Dow Jones industrial average swoons 520 points one day only to soar 430 the next. Many American's can't help but make the comparisons to the financial crisis of 2008.
This kind of whipsaw stock trading triggers panic and torpedoes confidence, leading many to abandon stocks altogether.
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