At the risk of being naive…

…can anyone tell me why the market sold off so fast today? Last I check in – around the fed announcement – things were heading up.

I’m still a little vacation dazed. Guess I’ll turn on the tv and try to find out.


  1. …”Stocks tumbled Wednesday, retreating from one-year highs, as investors took a sell-the-news reaction to the Fed’s decision to hold interest rates steady and keep its economic outlook relatively unchanged.”

    In other words…… doesn’t the ups and downs of the market drive you nuts?.. it’s so stupid.

  2. It ran up a bit and then pulled back after punching through 9900. I figured there was a bit of an emotional response because it didn’t look like a technical level.

    The ups and downs are what MAKE a market so I won’t complain.