Wednesday, December 10, 2008
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.
Posted by Remnant 888 at 2:53 AM