Saturday, July 4, 2009

Happy 4th Everyone We live in the greatest country

in the World. Lets take a quick look at the first 1/2 of the yr. January was the most feared new yr in 75yrs. We had fallen from 14,500 October 2007 which forsaythe recesion as it allways does. The equity markets world wide bottomed in quarter 3 2008-1st quarter 2009. We hit 6,450 in the states hear. Thats 8,ooo points off the top. 100's of trillions in lost money world wide. Destroyed economys, paper losses in USA 401k plans 40-50% gone. Maybe its down 25% now and has recouped some sine the climb back to
8500. To be continued

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