Saturday, January 26, 2008

More than 20 Years in the Making

More than 20 Years in the Making
Safe Haven - The previous day, "Black Monday," the Dow Jones Industrial Average crashed 508 points, or 22.6%. All the major indices were down in the neighborhood of 20%, with S&P500 futures ending the historic trading session down 29%. The 1987 stock market

The Trader: It's Anyone's Guess What Happens Next
CattleNetwork.com - The Dow Jones Industrial Average swerved through 632 points from its low to its high on Wednesday alone. Trading volume shattered records . The midweek bounce was led by battered stocks that benefit from lower rates, like banks and homebuilders

Don't panic over long-term investment
Seattle Post Intelligencer - The Dow Jones industrial average, the Nasdaq and the S&P 500 stock index have all been dropping at alarming rates. Such huge losses can shake even the most informed, experienced investor. Probably more than many investors, I understand that markets go