Wednesday, February 28, 2007

The Beginning of a Bear Market?


Dow Jones Index collapses over 200 points in less than 2 minutes. Holy crap! According to The NYTimes, "An estimated $600 billion loss in market value on Tuesday erased all of 2007's gains." I'm just really worried about magnitude of the contagion it will create.

http://www.nytimes.com/2007/02/28/business/01stoxcnd.html?hp

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