Wall Street falls for the fifth straight day.
Home » Commentary, Investing

Wall Street falls for the fifth straight day.

The Dow Industrial Average fell another 500 points today ending at below 9,500 points.

Like a broken record, the news is reporting that the fall in the markets is due to credit worries. Now the credit crisis has seeped into foreign markets.

The S&P financial sub-index dropped lower than it has in over a decade today.

Things are looking so bleak on Wall Street that Jim Kramer tearfully told people that if they needed their money in the next 5 years, they should take all of their money out THIS week.

One day the market will bounce back…One day. However right now we’re in the middle of a “what goes up must come down” conundrum.

Jeremy
View all posts by Jeremy
Jeremys website

Leave a reply

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally recognized avatar, please register at Gravatar.