Waiting to exhale

2008 November 21
by Thursday

How low can you go? (-- image from the Wall Street Journal)

How low can you go?

Around once a day I take a peep at the DOW and wonder if it has found its bottom. Most of the time after seeing the numbers, I sadly shake my head and move on to the next piece of news for the day. Roughly two and a half months ago the DOW hovered at 11,000. As of yesterday, it dipped below 8,000, a net loss of 4,000 points in less time than a summer vacation.

I think we’re all waiting to exhale, hoping the other shoe won’t drop.

from → Economy