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  • OBVIOUS STATEMENT OF THE DAY

    Filed at 8:44 pm under by dcobranchi

    On the stock market:

    Sometimes historically, a correction can presage a bear market, defined as a drop of at least 20 percent off the highs, as the initial 10 percent sparks another wave of selling.

    At other times, it can spark a big rally, with investors using the lower levels of the market as an opportunity to switch back into stocks, particularly those that have been beaten down in the selloff.

    So, sometimes it continues to go down and other times it goes up. And to think that they get paid for this.

    One Response to “OBVIOUS STATEMENT OF THE DAY”


    Comment by
    don
    November 29th, 2007
    at 1:26 pm

    We should pray for the stock market to go up. Then if it does, it means God heard our prayers and bestowed blessings on us. If it does not, it means that we cannot know God’s will and we must accept whatever is in His plan for us.