The good news: The Dow went up by 11.37% [yesterday]. The bad news:

[mahatmakanejeeves]

The good news: The Dow went up by 11.37% today, which is the fifth biggest percentage gain in its entire history.

The bad news: The top four gains all came during the Dow plunge of 1929-1932 that carried us into the Depression, while the next two came during the 2008 meltdown.

Link to tweet

[NoMoreRepugs]

1. My sentiments exactly. The Trillions injected

today and earlier provide an instant shot of helium (also known as euphoria) - then the grim reality of reality comes into view and investor sentiment and negative emotion gain so much momentum that the market gains are erased and far more pain is felt.

[empedocles]

2. The Bear in the market does not seem to not be done yet

[Yonnie3]

3. Large changes in indexes (plus and minus) are not good things

It is a fight or flight sort of response. If things were OK there would be no large response.

[Maeve]

4. Bear markets do not die in a few days or weeks

And wishful thinking won't make it so. This disruption is not going to end by Easter, so buckle up for the long haul.
And thanks for the data!

[Lucky Luciano]

5. Massive moves up only happen in bad bear markets. Indeed.

https://www.democraticunderground.com/?com=view_post&forum=1014&pid=2448346

[mahatmakanejeeves]

6. I was buying on the dips in 2000. Sheesh, was that a mistake. I should have put the money in

a vault with a time lock that wouldn't open for another nine years. I would have been much better off.

I totally get the urge to buy into this, but I know from past performance that it will probably turn out to be a bad idea.

{edited} Okay, I have some time. There was this one day....

I had a limit order in place to buy CSCO if it hit $32. It did. The order executed. Later that day, something happened that caused Cisco to go up. It hit $40 that day. I made 25% in one day.

What I mean to say is, if I had sold at $40 I would have made 25% that day. I did not. CSCO went into a decline. I had ample opportunity to regret my purchase, as I could have bought all the CSCO I wanted for a lot less than $32.

I might still be underwater on that, 20 years later. It's one of those stocks that I try not to look at anymore.

I'm on the sidelines.

Full disclosure: I reallocated my TSP holdings in December to take some -- but not all -- of my money out of stocks and put it into a 2025 retirement fund. I changed my contribution so that no new money is going into stock index funds. I've lost money over the last month, at least on paper. If I don't sell, the loss is still theoretical.

[elleng]

7. 'A rally in the stock market faded as the exact timing of a Senate vote

on a $1.8 trillion plan was still unclear.'

NYT https://www.nytimes.com/2020/03/25/world/coronavirus-news-live.html?