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