Wednesday, February 28, 2007

Dow down 416 pts! - Why?

The Dow Jones went down because of many reasons. One of the most important reasons is the Chienese stock market. The decline of the chinese stock market effected the Dow Jones tremendously. There hasn't been a decline in the Dow Jones since 9/11 therefore it also has an effect on it. The stock market was the reason for the decline of the economy during the Great Depression too. Though at this moment it is not as bad as the time during the great depression, it could soon lead to that if the market keeps declining. I believe it is better to buy the stocks when the prices are low. It's a bargain!!!!

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