Dow Jones falls on broken dreams - 11,000 level is possible!
Investors became too confident again ... and lost. Some lessons are never learned. Where is Dow going now? Look at the Dow chart (2-year) and see yourself: the only established support area on the way down is around 11,000 levels. And that is where it's heading ... Now it all depends on whether the general public sentiment will improve or not. Why would it improve? The slow US economy and troubled China won't let it. Are you prepared to take another 1,000 points Dow plunge? Sell your losses and get out before it's too late. Only a few people seem to understand the simple truth: stock market is too risky for your hard earned money. Warren Buffet once said "Investment should not be risky". And look who's getting richer... Berkshire Hathaway recently posted over $3,000 increase in their stock price for 2006.
For me, one of the 'no-risk' ways to make money is to improve my credit score. Higher credit score means higher savings!
Fri Mar 2, 2007 03:03PM | Copyright: www.bad-credit-advisor.com | More in Personal Finance | Comments (0)
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