Monday, August 08, 2011

Obama and the Markets




BBC News: Reports that an attempt by President Obama to sooth the market had a negative effect, before remarks the Down Jones was down 2.5%, at the end of the of the day the Dow Jones was down 5.6%, that’s 634.76 points folks. Well folks neither London or New York had a good day, the question that has to be asked is when buyers are going to move in to get their hands on some good stock at cheap prices. This blog will risk a prediction, a few more days of selling folks, then buyers will move in, that is not a suggestion folks. Even if this blog had the money it would not buy shares, gold and diamonds would be a safer bet folks. Interesting days ahead folks.

No comments: