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    Stocks are bought on expectations, not facts.

PANIC! at the Market

Weird...Weak! With Dow going up by 73 points last night, I expected the market to be alive today. Instead, it died! Real panic ensued today, not yesterday. Several issues broke down and yesterday's spectacle proved to be a one hit wonder yet again. PSEi is now approaching support at 3,130 to 3,100. Will it hold? I wonder...

...Fear is good!! (Haha!)

2 comments:

spitzserfun said...

Looks like it will hold tomorrow not today.

Christina Hunt said...

Hope so! We've been going down for quite a while. Maybe if Dow is down by the close, buyers will be brave enough to start buying by tomorrow's trading. *Fingers crossed* Haha!

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