The Biggest Danger Now Is A Series Of Bear Traps
The Financial Crisis Has Further To Run
Some Bear Market Investments Have Promise
How Long The Bear Might Stick Around
A Contrary Economic Outlook
Another Shameless Plug For Blue Chip Stocks
The Bottom Line This Week
volatility has become so extreme, we had to redraw the charts. Although there
have been up and down days as large as those we have seen recently, never
before have they come in such quick succession.
week, as everyone from New Guinea to New York must know by now, the Dow and the
Nasdaq fell 18.2% and 15.3% respectively. That would have been tough enough by
itself, but what made the week even more hectic is it contained a 679 point
jump that many investors believed was the start of a reversal.
market leaped forward again this Monday with a breath taking 936 point surge
when U.S and European leaders decided on a coordinated financial rescue plan.
Stocks took a breather on Tuesday. Then it plunged 733 points the next day on
poor consumer spending data. We must expect more whiplash days as the credit
crisis continues to unfold.