HoneyVeil

October 19, 2007

Posted by HoneyVeil

After today's market plummet, is the market in for a much larger Correction next week?

I'm concerned about both the pace of the U.S. economy and the pace of earnings growth. And then theres oil sitting at 88 bucks.

Is now the time to get out of the market? Are we in for a Black Monday next week?

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fundSeeker

October 19, 2007

Posted by fundSeeker

0 stars ( 0 ratings )

Financial firms have signaled that credit losses will continue...

Industrial firms have cited widespread weakness in the U.S...

Lower '08 forecasts

As of Friday, financial sector earnings were 11% below a year ago, according to Thomson.

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The situation is extremely concerning. I truly believe we have hit the top of the mountain and our on our way down. You won't be hearing stories about the Dow hitting 15,000 anytime time soon.

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