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Tuesday, March 24, 2009

Wallstreet lost a step


Wallstreet lost a step . The Dow Jones industrial average shed 115 points, or 1.5 percent Tuesday. But it also held on to 382 of the 498 points it racked up a day earlier .
Now , The Dow was up more than 1,200 points after hitting nearly 12-year lows on March 9, and there was little in a way of positive economic or corporate data Tuesday to lift stocks .

Later this week, some big economic reports are scheduled to come out: durable goods for February, a revised fourth-quarter gross domestic product number, and personal income and spending for February .

This is good news for investors , and for the 401k's of the American people . I just hope the Bull can out run the Bear .

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