Sunday, January 29, 2012

Thursday August 4: As far as updating our forecasts, I guess it must be done: how about trying to predict the bottom for the Dow now? Anyway, I‘ll hazard a guess: the Dow will go as low as 9,700, OK? How about that?

Thursday August 4: As far as updating our forecasts, I guess it must be done: how about trying to predict the bottom for the Dow now? Anyway, I‘ll hazard a guess: the Dow will go as low as 9,700, OK? How about that?

RIO DE JANEIROBrazil's stock market dropped 8.1 percent Monday, it steepest one-day dive in more than two years, tracking a global selloff on the first trading day since a downgrade in America's debt rating.The Bovespa stock index ended at 48,668 points, it's lowest close since April 2009. The main stock index in Latin America's biggest economy has been the biggest loser in the Americas this year. It's lost 30 percent since early January. Read more: http://www.sacbee.com/2011/08/08/3824565/brazils-stocks-drop-sharply-on.html#ixzz1UcPzUqMF

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