Stock Market Drop
Wow! The stock market dropped from the opening bell until the close on Tuesday. The S&P 500 ended up 2% down for the day, but it just seemed like overkill.
Maybe this is the end of the bull market, but some world-class stocks took an absolute beating today. Some deservedly so, however, if I had money to put in the market right now I would. Unfortunately , I do not have available cash right now, but I will scrap up some in the next few days if possible in order to take advantage of some dirt cheap prices.
Again, I have been crying wolf about how the stock market is bound for a recession, but I just do not think this is the one.
Written by Nagel on July 24th, 2007 with
no comments.
Read more articles on Stock Market.
- [+] Digg: Feature this article
- [+] Del.icio.us: Bookmark this article
- [+] Furl: Bookmark this article