Saturday, February 6, 2010

NYSE Plunged

The NYSe plunged on 4 Feb - 5 Feb 2010.  Why Sell-off?
-Germany's failling orders
-Spain's failed bond auction
-worries that the Greek disease will spread to Spain and Portugal.
-8,000 increase in the latest US weekly initial claims.

Investors should focus on the long list of positive economic numbers. Ignore the sell-off.

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