Monday, Jul 28, 2008
It May Be Wise To Assume A Sustained Crash
CNNMoney.com: Stocks tumble amid ongoing jitters
NEW YORK (CNNMoney.com) -- Stocks plunged Monday, with the Dow losing nearly 200 points, amid renewed fears about the financial sector and a lack of economic news.
With about two and a half hours left in the session, the Dow Jones industrial average (INDU) fell 1.6%. The broader Standard & Poor's 500 index (SPX) fell 1.1%, while theNasdaq composite index (COMP) sank 1.3%.
For Those who know what they are doing and haven't already done so,it would be wise to review your portfolios. The correction is going to be long and sustained.
Posted by plato @ 07:43 PM (258 views) Add Comment
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