#1 Threat to the Country – Bears

July 27, 2007 | Posted by Jorge

I love Stephen Colbert…

Seems like the bears are winning once again today. DJIA’s down 105 points in a roller coaster session. It has not been the best week at all. Although it is fun watching folks panic left and right. The market’s not going anywhere. It will rebound soon so stick to your discipline.

Update (12:12): DJIA down 148 points. I expect Trading Curbs to come into effect soon.

Update (16:01): Market’s down another 200 points today. It was looking good until the last 30 minutes or so where the market dropped 140+ points almost instantly. It’s times like this I wish I was more familiar to know what the heck’s going on and how the market can drop so far so fast.

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