Quote Originally Posted by BoulderDawg View Post
Once again the market is circling the bowl!

However something is not quite right here. People are predicting world wide recession. Usually a reaction to this is to run to the precious metals market for protection......gold is down.....Strange times!

I liked what Greenspan said yesterday..."I didn't do it!"....sure Alan!
It was to be foreseen, with the raising fuel costs and the slow done in the economy, most companies will show a loss pf sales and/or profit and as such, the markets will reflect that.
The media should NOT blow it out of proportion though and realize that scaring the consumer is NOT the way to fight this.