the d asked:
we alreaduy knew that at the beggining of the month that things were down,
we alreaduy knew that at the beggining of the month that things were down,
macy’s down 5%
penneys down 8%
Why alll the sudden it’s big news????

December 27th, 2008 at 00:45
Herd instinct. Investors run with the herd. What, you thought the market always allocated fair prices for equities?
December 28th, 2008 at 11:12
I hear you this didn’t sneak up on anyone-
The official numbers came out today-
Investors are still really gun shy after the beating that they’ve taken this year- any news has them extra jumpy-
December 31st, 2008 at 16:01
why would you continue investing in a failing company. if i had stock in companies not turning a profit, i’d probably get out too.