Thursday, October 23, 2008

Maybe we found the bottom.

8,691.25
+172.04
+2.02%

About 8500. Any losses in the markets globally haven't gone over 4% except for one in South America. Even with Japan dumping cash into their markets yesterday.

Maybe, the fluctuations have slowed a bit.

Let's see....yep. The currencies haven't settle down yet. I think they will. The USA Dollar is over valuated right now.

CURRENCIES
Dollar gives back gains as Dow recovers (click here)
By Lisa Twaronite, William L. Watts & Nick Godt, MarketWatch
Last update: 5:02 p.m. EDT Oct. 23, 2008

SAN FRANCISCO (MarketWatch) -- The dollar slipped against major rivals Thursday, as foreign exchange markets took their cue from volatile equities trading and rising risk appetite as U.S. blue chips managed to end a whipsaw session higher....