Third Coaster dot Net

October 12, 2008

Why the Dow’s 40% Nosedive May Turn Into a Safe Landing

Filed under: Uncategorized — funkbrotha @ 1:24 pm
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It’s frightening to see the stock market lose so much value in just a few weeks. But what if the stock market is just correcting itself to its true value? Martin Hutchinson argues that the correct value of the Dow Jones Industrials should be around 7800. We’re almost there. And if the bear market pushes that number below the line, there will be plenty of bargains to choose from.

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