Thursday, October 09, 2008

A New Mattress

From Trever:
I think the market starts a modest rally, today. The bottom is no lower than 9000 and I just can't see it going below that. Also, there is an awful lot of bargains out there, companies that got caught up in the 'panic' but are sound stable companies not as effected by the mortgage/credit crunch. Today will be a good day, and we need it!


UPDATEL I guess I spoke to soon, today was not rally day. Overseas futures markets looked promising, but that didn't pan out as the day progressed:

Dow -678.91 (-7.33%) 8,579.19

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