Monday, 21 January 2008

Big drop in the Dow? Don't panic

The Toronto Stock Exchange dropped 600 points (4.75%)on Monday. US Markets were closed for the MLK holiday. We'll see what Tuesday's market holds in the US.

The Dow Jones Industrial Index is a collection of 30 stocks. 30 Stocks. That being said, it is an indicator, and a psychological barometer.

Wait for the bounce.
When ever markets drop quickly they bounce back. Like a ball. We have seen it on many occasions. Let's see how the markets perform in the weeks ahead.

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