Wednesday, August 13, 2008

Dow In the Doldrums

The Dow and S&P 500 futures have opened lower this morning, after moving lower overnight. Reported retail sales this morning were only slightly less than expected, but appear to have soured the sentiment even more, with the Dow quickly falling to triple-digit losses. Time to make money by shorting the stock indexes! However, without an strong news events thiss morning, I will also be prepared to the potential for a turnaround and recovery. Anything can happen!