Sunday, October 12, 2008

Dow now below 8500

About a year ago, the Dow was pushing forward around the 14000 level. It was an exciting time.

The Dow closed last week below 8500 at 8451.19 points. Will the PSEi take a cue from that and drop below the psychological 2000 level?

The PSEi closed last week at 2097.80. down by almost 200 points amidst some recovery in Asia.

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