Tuesday, January 22, 2008

Maybe Tuesday not Monday

U.S. stock futures point to major decline on re-open
If futures contracts traded on a day when U.S. stocks weren't even due to open are anything near accurate, then markets will be in or a major decline on Tuesday, with concerns about bond insurers and the health of financial institutions dragging markets lower.
See my post Gingerly

3 comments:

Glynn Kalara said...

Isn't there a saying about Jan. in the stock markets sets the direction and the tone for the rest of the year? If so it looks like were in for an ugly year economically.

Jim Sande said...

Yes, the bottom 99.5% are in for less sirloin and more hamburger helper.

BTW I tried some greek yogurt, it was outrageous. Reminded me of this yogurt I used to get back in the 70-80s from California.

Glynn Kalara said...

Happy I made a difference for u. Try tzaziki next you'll love it.