This 'major news' missed the point that the fall of 3.5% merely removed the profit in the market since the beginning of the year. Many felt we were due for a correction anyway; and there's more to come. I'm predicting the market will be up 6% over the year by December. Anything more will be gravy. I just wish I had some money to buy stock today!
Yeah, I knew the percentage fall wasn't anything like a record-setter although the precise figure wasn't to be found in the news until NPR's Morning Edition today. The absolute numbers loss was a bit of an eye-catcher though.
My employer's company stock program is back underwater again though. :-^
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bjarvis
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Date: 2007-02-28 03:06 pm (UTC)no subject
Date: 2007-02-28 05:10 pm (UTC)My employer's company stock program is back underwater again though. :-^