I moved back into the market on March 12, mutual funds, and also did my first online stock transaction. I’m using questrade, probably the cheapest stock trader out there.
This is my opinion and I’m not an economist or stock trader but based on economics, predictions, and speculation I’d say the DOW has hit bottom at 6,547.050
"what you are saying is like blowing holes into the titanic, then abandoning ship after it sinks 35%, then saying the people on board trying to rescue the ship caused it to sink another 15%, and actually hoping it sinks all the way!?"
It looks like a few holes got patched up and the engines are back online, the titanic stopped sinking.
At present time, Friday 13, 2009 almost 1:30, the DOW just got into green after being down this morning, watch for an afternoon rally.
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