"This will not be a good year but it will be more stable than 2008 and there will be occasional substantial bear rallies. Inflation is declining and another interest rate cut by the central bank is expected. " -Ron Nathan inquirer's "bearbull"
Posts
Showing posts from January 11, 2009
U.S. indeces take a tiny drop while Japan takes a beating
- Get link
- X
- Other Apps
While U.S. market indeces took a few steps down, Japan's market dropped a whopping 4.8%. The PSEi inched down and settled a mere 1.79 points from yesterday's close after ever so briefly punching past the psychological 2000 level at around eleven this morning. The dow was down 1.46%, the nasdaq by 2.09%, the s&p by 2.26%.