Monday, November 9, 2009

Surge

Based on the optimistic forecast by major Dow components, the market surged to close at about 10,200 points. The Group of 20 said that they would be keeping at par with the economy, which in these times is a decent enough prediction, but probably not enough good news for some. At this time though, mental factors can help more so than actual results but we need to stay away from emotional decisions which have repeatedly proven to have disastrous results (i.e. tech bubble and housing growth to name the most recent factors).

 

http://money.cnn.com/2009/11/09/markets/markets_newyork/index.htm

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