Thursday, August 09, 2007

Yahoo poll

Yahoo Finance has a pol asking what your doing presently in this market. There are three possible responses... 1. Buying, 2. Holding tight, or 3. Selling. The results after 268,000 responses? Buying 33%. Holding 56%. Selling 12%. So the Dow closed down 387 points today. What's wrong with this picture?

Newsflash! Might be a bad pol! In reality, someone (many someones) are selling, and doing so aggressively. I hope the central banks can navigate through this one! It's getting scary.

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