Current Event 11-20-08

http://www.nytimes.com/2008/11/21/business/21markets.html?_r=1&ref=business

Hey guys, this is another current event. The article for this week was titled A Day After Sell-Off, Market Seeks a Course, from the New York Times. This was about how the Stock Market was in chaos today, after a sell-off yesterday. The New York Times stated that stocks "wobbled between positive and negative territory, plunging 2 percent in the morning only to rise sharply at midday, then falter once again. "

I have to say that this was very predictable after yesterday's plunge. There could be only one thing that could happen. There would be chaos, people are getting afraid to invest in some things, and because of that, the prices go down, then people start buying stocks, then start selling, and so on. It's going to take a very long time for the stock market to stabilize judging by how it's been behaving lately.

current event

http://www.nytimes.com/2008/11/14/business/14markets.html?_r=1&ref=business&oref=slogin

Volatile Session on Wall Street

This article was about how the stock market is still volatile, swinging up and down at an alarming intensity. it states that the DOW Jones dropped below 8000 points today, then went right back up. These trends have been going on alot lately.

I think our economy needs help, it's clear that our economy is in shambels. what we need is a way to get our stock market back into shape. the stock markets don't even have a sense of direction anymore, they're just doing this whiplash thing of going up and down and up and down all day long. There is no safe way to invest right now, because who knows when the price for a stock will drop suddenly, right before you sell, or right after you buy. It's just a difficult time right now for everybody all over the world.