Re: The Market? --jhawk10e / Seaquestor
in response to
by
posted on
Oct 10, 2008 05:51AM
Thanks. Well written article and quite pointed.
I keep beliving there are a few guys / gals with brain cells left to stop the bleedding and start the clean up.
If not this weekend, it should be soon. At the current rate, the DOW would be 0, zip, notta in 18 more trading days. Not going to happen, but we are certainly closer today than only a few weeks ago.
I follow the oil futures market and it would seem that market knows less than Wall Street. IMO, low oil prices will help drive the clean up and the return to a more normal market. Watch out for OPEC.
John