CHESSNOID

Even though we are still in an “unofficial” recession, there is no denying all the US stock markets have corrected and fallen into bear market territory.
According to the Stock Trader’s Almanac, September has traditionally been the worst month for the Dow and S&P 500 since 1950, with the Dow averaging a loss of 1% during [...]

I was just reading the market news for the overseas markets.  Overall, worldwide investors are bracing for worse times and more bad news.  They sold off today and are holding on to cash to avoid further loss of principal.
Every regional benchmark fell deeply in the red.
Hong Kong’s Hang Seng Index led the region’s losses, tanking [...]

Less than a year ago, the stock market had hit its all time high on October 7, 2007 and the DOW closed at 14,164. Today, September 17, after a 454 point drop, the Dow sits at 10,609. This year has been marked by backroom deals to save our big companies. Countrywide, Bear Stearns, [...]