Monday, October 6, 2008

Stock market tanking

The Dow closed below 10,000 today, the first time it's done that since October 2004. The S&P 500 closed below 1100, the first time it's done that since August 2004. I don't expect either index to recover this week. They may gain a bit, but the trend's IMO going to be downwards until after the election, maybe longer.

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