Market Closes Lower
Posted on October 07, 2008 at 18:09 PM EDT
The bleeding continued today. The Dow (^DJI) closed below 9500 at 9460, down almost 500 points. S&P closed down 60, ending at 996. The Fed promised to buy commercial paper, presumably to help the credit markets. Sure didn’t help the equity markets. Are we at a tradeable bottom yet? No telling, just keep your eye [...]
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