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Re: nlightn post# 1774

Monday, 02/08/2010 6:26:49 PM

Monday, February 08, 2010 6:26:49 PM

Post# of 11965
Most stocks took a beating last week, including GE.. even the late rally Friday wasn't enough to recover, unfortunately.

The Dow has fallen 6.7% since its high set on January 19 and is down 4% for the year.

Where will we go next? Most economists predict subpar growth in 2010...but, consumers are dealing with too much debt, help from the Gov will prolly slow and businesses are leery thus aren't spending much. However, if recovery conforms to historic patterns, growth could be surprisingly strong. We shall see...
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