Stocks Start Down!

The market opened down waiting to see how the home sales report looks.  And with the big drop in oil Friday could bounce back today.  If that happens the stocks will be down for the day.  And the dollar is already starting to pull back.  So, if the home sales report is really bad and oil goes up it will be a real bad day on Wall Street.  Not just it’s normal slide up and down, I mean down, maybe 300 points.  I really hope not, but it could have a chance of happening.

If you're new here, you may want to subscribe to my RSS feed. Thanks for visiting!


This entry was posted on Monday, August 25th, 2008 at 10:02 am and is filed under Economy, Investing, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.