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.
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