largest DOW jump in over 4 years!!

http://money.cnn.com/2008/03/11/markets/markets_afternoon/index.htm?cnn=yes

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I was listening to Lou Dobbs on the radio and this is just an infusion of money and long term is not problem solving and could be risky to take it as a sign that the "downturn" is over.

As far as it's fallen recently, I wouldn't call it a "jump"!  Just more "irrational exuberance"!

The banking system will "infuse" funny money, our government will create an economic stimulus from thin air, ................... barf! 

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Jim, I agree - they are just printing more money - no wonder the dollar is worth nothing.

And they expect us to buy this sh.....

They truly think if they keep telling us things aren't bad, we'll believe it!

Things are bad -- greed always seems to create market cycles;  but with the government spending so out of control too, we have been bankrupt for many years -- just no one wants to talk about it -- just ignore it and all will be well ................ Ponzi schemes always have an unpleasant demise, no matter how they are talked up!

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Hehe, you all have already stated some problems, but the first paragraph encapsulated the whole problem of the central banking system and was just about all that was needed to be read...lol...holy cow, if it wasn't so troubling it would be even funnier!:

"Stocks rallied Tuesday as investors welcomed news that the Federal Reserve will lend up to $200 billion to banks and lenders as a means of loosening up tight credit markets."  Well why not just print $200 billion more every day (or transfer electronic blips which is what money is today mostly anyway), pass it out, and make everyone millionaires?

Another   at the bottom of the page: "COMEX gold for April delivery soared $4.20 to $976 an ounce."   Hmm  , I wonder how that happened?

Oh and what you all have already posted about:  " In currency trading, the dollar touched a fresh record low against the euro and fell against the yen."  Well do tell.

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There seem to be a lot of people here in the Fire Society forums who understand what is going on.  I wish more people in the general public did.

This sums it up for me. What caused the struggles? Once again we suffer from  bad management and judgment by others. 

"The Dow Jones industrials shot up more than 416 points, the biggest single-day point gain since July 2002, after the Federal Reserve announced the move as part of a worldwide effort to help struggling banks and mortgage providers".

http://biz.yahoo.com/ap/080311/wall_s...