Monday, March 2, 2009
Stock market
Looks like the Dow's headed to a close below 7000 for the first time in over a decade. The S&P 500 is flirting with the 700 mark. If the Dow closes under 7000, I expect a bad reaction the rest of the week. I'm also expecting the markets to continue to decline. Now's a good time to be solidly in money markets and other safe investments. Should make for some good profits once things bottom out and start to recover, though.
Labels:
economy,
financial,
stock market
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