Dow Below 7500...Oh, My!

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Correction

The level is 6,830, I made an error

SC @ Mar 02, 2009 11:59:20 AM

Correction now at 6,830

I made a typo.

SC @ Mar 02, 2009 11:57:49 AM

7,000 broke today, now at 6,380

It is now officially worth less than half of the 2007 peak and the markets continue to drop.

SC @ Mar 02, 2009 11:55:05 AM

The level of support is 6700

after that 5600

then 3700

Looks like the Spend-A Lot bill has done nothing for the market...

Maybe just maybe the President should stop talking down the economy and start showing some leadership and embrace business. After all, that is where the jobs are going to come from.

Moving to gold, with the coming inflation gold will be king again.

Larry of CA @ Feb 19, 2009 18:58:27 PM

The 7500 floor didn't hold today.

It is likely that the market will keep ZIG-ZAGGING DOWN, to the next possible floor target

7000 in smaller stages by mid March. Only a reverse of the stedy tick of layoffs will allow

the nerve to return to the market, in my opinion!

Allan S of CA @ Feb 19, 2009 17:54:53 PM

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New Money

Katy Marquardt, a senior editor at U.S.News & World Report, takes a contemporary look at happenings in the financial world and aims to help young investors get going with their portfolios--or just sound cool at cocktail parties. Have a question? E-mail Katy at newmoney@usnews.com

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