Economic Woes Torpedo Stock Markets
Read the full article: http://www.investmentpostcards.com/2008/11/20/economic-woes-...
Yesterday was another ugly day for stocks, with bourses around the globe falling victim to strong selling pressure. Oversold conditions have so far not produced more than a temporary reprieve, and nobody knows how far down this bear market will fall. Until we see more signs of base formations being developed, one should tread very cautiously.
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