Tuesday, December 2, 2008

http://www.nytimes.com/2008/12/03/business/03markets.html?_r=1&scp=12&sq=business&st=cse
Wall Street mounted a modest recovery on Tuesday, gaining back nearly half of the enormous collapse that opened the week, as investors picked up bargain-price stocks and pushed Treasury yields to record lows.

My Response: It's going to take a long time before Wall Street hits back to its normal state. At this point it seems as if stockholders and investor are holding on thin string to keep companies abroad. There is an uncertainty of which companies will be around for the long run and which will collapse. If I were and investor, I'd pull my money out before things get worse, but today's investors are on a thrill ride with the current ups and downs in stocks.

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