Friday, June 27, 2008

June 26-27 end of the week

June 26th

Talk about a Dismal Thursday yesterday==DJ went down 350 pts. 1100 pts down in one month. Worst June for the Dow Jones Averages since 1930! L According to

Oil closed at 19=139.64 after being in the mid 130s for several days.

GM and Ford stock at something like 50 year lows! Bankruptcy in the next 6 -12 months? One commentator who is very accurate these days say there will be a dramatic announcement about them both or one of them right after the election.

June 27th

11355.88 and 1278.82 Oil:: 140.21 first time above 140 to settle according to my observations. Not the first time during day trading though.

It seem so irrelevant who get elected this fall .... as to who could really change the direction things are going in. but, yes, I'll vote.


1 comment:

C. Marie Byars said...

We seem to be living through one of those real 'flex' points in history. Decades or centuries later, people will see it, and I think our society is about to change in radical ways, for better or worse. I kind of think, though, that this time will bust the myth of ever-expanding resources and growth.