February 20, 2009

Stock Market woes

7366 - that is where the Dow Jones is right now.  A week ago, I thought it would have bottomed out somewhere around 7000.  Now that it is nearly there - I have serious doubts that 7000 is the bottom....as scary as that sounds.  When will the market bottom out?  6000?  5000?  At what point will that threshold be reached.  It is becoming more apparent that the more government intervention there is....the more the market tanks.  Maybe at some point those powers that be might actually let the market take steps to correct itself? 

Posted by: Robert Woolwine at 02:16 PM | No Comments | Add Comment
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