The Stock Markets and Dow Jones are tanking this morning, 12/01/08, as we gapped below 8672 and we are breaking key support of 8500. I am out of everything except a have a small piece of Google ( GOOG ) that I am holding on to. Sold my $10 MELI at $12.02. Will wait to see what that stock does later this week, would love to be able to buy back below $10. This has been the trend over the past few months for the stock market, sell the beginning of the month when all the horrible economic data comes out, buy the middle to the end of the month. We'll have to see how we close today!
Dow Jones - 8460
Nasdaq - 1466
S&P 500 - 853
Today's Biggest Gainers - 12/1/08
Ford ( F ) is up 10% this morning and is one of the few bright spots in the market.
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