Drop Point
Drop Point
NZ sharemarket falls early, after big drop on Wall Street
The New Zealand sharemarket fell when it started trading this morning after Wall Street's 100-point fall at the end of trading last week. The Dow Jones Industrial Average had its steepest one-day drop since November after JP Morgan Chase reported deep fourth-quarter loan losses. Prominent among companies losing ground early today in this country was insurer and investment manager Tower, which ...
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Who sees the 500+ point drop in the DJIA as a harbinger of disaster and who sees it as an opportunity to buy?
How do you think liberals and conservatives view the drop?
Does this say anything about the outlook, in general, of conservatives and liberals?
Which group seems to be the most optimistic?
I agree that looking at specific stock yields more profit but undoubtedly a lot of good solid stocks to hits yesterday and grabbing some of those could show a nice return fairly quickly.
I'm optimistic, and say buy.
Nothing can hurt the economy more than panic, something the liberals would absolutely love and would use to their benefit. Screw that! Conservatives don't think that way.
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