Posts Tagged ‘bad day

August 19, 2010 | In: Opinion

The Market Is Overreacting

The jobless claims increased to 500,000, highest since November, and the DOW is down 150 points (until now). Most investors apparently that we're all going to die! Not! It's odd that nobody thought about the oil spill, and all the mess it created. The...

The storm is over, and today marks the end of a very, very bad week, where the DOW and the S&P went down 3.25% and 3.73%, respectively. Since my money was mainly in risky financial equities, my portfolio went down around 10%, but today was thankfully not...

August 12, 2010 | In: Uncategorized

Wow, Is The Storm Over?

As I predicted in the morning, it was a very very very bad day. I almost accurately estimated how the DOW will close (at around 10,400 - it closed at 10,378). Needless to say, many traders lost quite a bit of money today, and the bad part that it doesn't...