Wednesday, October 8, 2008

The Market

My former boss, Nouriel Roubini a.k.a. Dr Doom says that Dow will hit 7000 before the economy rebounds.

The tech stocks are dropping faster than Dow and are now at or near their 52 week lows: GOOG -51% YTD, AAPL - 50% YTD, and just forget about poor YHOO (trading @ $13!)

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