any more bad news for the stock market?
well stock market was going fine today til tht stupid bloomberg report...so is it all over or there is possibly more bad news left?
Public Comments
- I can relate to your pain. It is tough watching the market go down. You really can't focus on the short term, investing in stocks is for the long term - if you are in it for the short term you are gambling not investing. Please ignore the "experts" they are like the sports experts that analyze the team, their record on the road etc and then predict who will win. Lots of logic but they are lucky to pick the winner even without the spread. The same with the markets, lots of experts with charts and back testing etc and they don't know.
- tomorrow will be the first day of rebound
- This housing / credit issue may take 2-3 years or more to resolve, and lots of consumers will be hurt in the process. So, yes, there is plenty of bad news in store. D
- probably plenty more to come. but the rally should start a week before the feds next meeting (which is the end of the month). I think there will be some sort of updraft tomorrow too.
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