Tuesday, February 27, 2007

How Low Can You Go?

No, we're not talking about the limbo. Here's the latest, according to CNN headline news.

"Stocks tumbled across the board Tuesday, with the Dow sinking about 500 points at one point. It closed 415 points down -- the biggest one-day drop since the stock market reopened after the September 11 attacks. The New York Stock Exchange tried to limit declines by imposing trading curbs. The selloff is on the back of a nearly eight-month rally."

My stock investment account plummeted by more than $5,000 today. Ouch! And the verdict is still out on my mutual funds and retirement accounts. It's a good thing I'm in it for the long haul. But still....

No comments: