Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Wednesday, December 10, 2008

DJIA RECOVERY


Has anyone realised that DJIA has managed to climb almost 15% from its lowest in period of six weeks.? I know there is no reason to be rejoicing yet but the worst may be over. Governments all over the globe are intervening financially to ensure that their economies do not come to a standstill.

I am not advocating that you must buy and hold stocks now. I am saying there may be much more bad news to come but the downtrend of the markets may be limited with intervention from all agencies. Just watch how the DJIA reacts to more adverse news and response to more financial aids.

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