Nov 14 2008

Did We Reach Bottom?

Tag: Economy — Physlab @ 7:00 am

November 13th may be the date the bear market ended.  Let’s hope so as the last year has been a painful period.  The S&P hit a 52-week low so we need to see if this level will be retested over the next few weeks.  The NASDAQ is approximately 150 points off its 52-week low and the DJI nearly tested its 52-week low yesterday.

Photograph:  Government building in Budapest, Hungary

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Nov 14 2008

Michael Lewis’ Recent Article

Tag: Miscellaneous — Physlab @ 2:00 am

Michael Lewis, author of Liar’s Poker, has written a most interesting article on the sub-prime mess and and some of the reasons for the current market decline.  The End is a must read.

Lowell Herr

Photograph: Temporary location for statue.

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