Saturday, October 18, 2008

STOCK MARKET up or down ?

Today, CNN Money gleefully reported the"although stocks were down yesterday- they were up for the week !" who’s kidding who, at 8,800 the Dow Jones is down over 5,000 points from just a year ago- and the 11,000-12,000 was the resistance level of the Dow Jones for over a year. CNN Money should be reporting that the stock market is near collapse ! You can't solve major macro-economic problems when you can't even analyze what's happening today ! CNN and AP get poor poor marks for their economic reporting.

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