Wednesday, February 28, 2007

Told you to listen to Greenspan...


Right here. Maybe if you did this wouldn't have come as a surprise. From MSNBC.com:


"NEW YORK - U.S. stocks were wavering in morning trading Wednesday, having opened the session higher after a massive worldwide stock sell-off one day earlier that rattled investor confidence but left fertile ground for bargain hunters.

The Dow Jones industrial average was lately up 20.67 points, or 0.17 percent, having fallen more than 400 points Tuesday in the biggest stock market sell-off since Sept. 11, 2001. The broader Standard & Poor’s 500-stock index was lately up 4.09 points, or 0.29 percent, while the Nasdaq


Composite index slipped 1.87 points, or 0.08 percent.
Investors were digesting new economic data, released after the opening bell, including a 16.6 percent decline in new home sales in January after a 9.1 percent rise in December."


It goes up, it goes down. Good news for regular folks, we're still so far down that the skies the limit.




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