It was another sensational battle of the SkyNet StockBots on Wall Street today. The SellBots commanded the day, sending stocks sharply lower until precisely 2:15 PM (“funny” how that happens), when the Super-Nova BuyBots (a.k.a. the Plunge Protection Team) pounced on the opportunity, delivering another monstrous Santa Claus relief rally that more than erased the day’s earlier plunge. The DJIA closed higher by 260 points (1.1%) and the NASDAQ gained 25 points (0.4%).
Stay tuned as the battle of the SkyNet StockBots continues!