Wednesday, March 04, 2009

Have we bottomed out?

Can it go lower?

Dow Jones Industrial Average
6,726.02 -37.27 / -0.55%

Mar 3 4:02pm ET †
Open: 6,764.81
High (day): 6,855.29
Low (day): 6,705.63
YTD%Change: -23.36%
Volume: 445,283,252.00
Prev. Close: 6,726.02
52-Week Range (Low - High): 6,705.63 - 13,136.69

I think the market is close to the bottom, I am watching it closely looking for signs that it is getting ready to rebound. When it looks like it is ready, I will jump back in.

I dumped when the DOW was around 13000 and my investment guy begged me to stay and he doesn't call lately....gee I wonder why? Some people think the DOW could drop another 3000, so who really knows what could happen but I remain hopeful. Watching with a hopeful eye.

1 comment:

Anonymous said...

Hi Ron! Although we all like to think that's it's at its low, I personally don't think so. The rest of the world is only in the babyfases of all of this. I think we will see bottom in 3 months or so. But I hope you're right! Anja