Thursday, February 19, 2009

How LOW can you go?

The Dow hit a 52-week low today which marked the lowest levels since the 2002.com crash. The bottom in 2002 was about 7160. If the Dow breaks that bottom bench mark, you'll have to look to October 1997 to find a lower level when it was around 6930. April 1997 values were near 6300. With all this happy news, for better or for worse, I bought shares in two mutual funds today.

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