The Stock Market Crash of 2007
Well today may have not been a crash but it definitely was a free fall that really freaked millions of people out. I happened to be watching the live Yahoo updates when the DOW fell more than 200 points to hit bottom around -546 or so. It was shocking. I was chatting with my wife on MSN, and I was curious to say the least.
I have been watching the China market recover nicely today so I am thinking we are in the clear. The US markets will probably bounce back in decent fashion today as well. There is economic data coming out that may keep the session down a bit.
Computers have been blamed for the 200+ point drop immediately, and then auto sales kicked in after that. So computers are good, but can be bad as proven.
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