FYI: In Panic Market, Anything Can Happen

In first and final hour trading at New York Stock Exchange on Friday the last day of hectic and scary week for nervous investors, the Dow Jones Industrial Average index swing wildly down (reach intraday lowest of 7,882) and up (reach intraday highest of 8,901).

Well, in panic market, anything can happen. It is a combination of panic investor (who perceive market will fall further) and bargain-hunting investor (who perceive market too low and oversold already and see opportunity to buy)... a severe fight of bear and bull.

It is really exciting and interesting to see what will happen next week whether it will fall even further or rebound in big way.

Source: MarketWatch.com