DJIA 0.31% 26,683 dow jones industrials

dow dramatically down in new york, page-2

  1. 3,770 Posts.
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    Thanks for your thoughts DickRussell.

    Although after the biggest rise in the Dow yesting in 75 years you would expect some profit taking to occur.

    Im not saying the Dow will keep going up but I dont see it tanking either.

    Its going to be volatile and track sideways for 6-12 months before a leg up as these rescue packages take time to filter thorugh the financial syaytem worlwide.

    Dont underestimate Rudd's $10.4 billion rescue package revealed yesterday. A very significant move that will kick start the property market in time and bolster our economy bigtime.

    These kinds of rescue packages will happen worldwide,helping to make worldwide economies grow and move forward again.

    Good luck to all.
 
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