That Sinking Feeling
August 5, 2002

 

    The stock market is nose-diving again. It's either "retesting its lows", or, if drops much lower (as it might  tomorrow), it just might go into free-fall. 
    I'm glad I urged everyone to prepare for a coming bull market, rather than to actually sink money into it. If the stock market goes into free-fall again, "sinking money" would be the proper term to describe money invested right now. I guess we need to hang on to our dough, don't we? But this week should tell the tale.
    Below are links to some fun reading to brighten your day (grin!).


Stocks Sag After Latest Dim Economic Data

Fools Rush In

Investors are confronting fear itself

GLOBAL MARKETS-Asian stocks recoil as U.S. losses extend

HK's benchmark stock index down 2.04 pct in midmorning

Sellers Again Trample Stocks