posted on Oct, 24 2008 @ 11:54 AM
That's the bad news that I just read in an article. I have to admit that if the dow gets that low, I'm jumping back in to the market.
Like all things, people seem to trade stocks on emotion. Sometimes this works to their disadvantage. So, it may mean that the dow will sink far below
what it should. That creates a buying opportunity. The real trick is knowing when you are seeing a true bottom of the market.
Dow Sink to 5000
I certainly can't see a bottom yet. I hope this doesn't drag out too long. It's really going to cut into my retirement if it does.