Spiking oil prices, poor corporate earnings reports and more bad news from the banking sector sent the Dow Jones Industrial Average scuttling to its lowest level since September 2006 and knocked the S&P 500 below 1,300 on Thursday.Its interesting, I read in January when the recession was being openly discussed initially, that it takes about 6 months for stocks to bottom out. Here we are, 6 months into 2008 and stocks are as flat as a pancake.
How low can it go...
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