Thursday, October 09, 2008

The stock market still can't find the bottom

We went well below 9000 today, almost getting to 8500! This is crazy...

I know we are all in disbelief of the financial world collapsing in almost every possible way around each of us. I can't see how anyone is shielded from the effects of this economic melt down.

After adding about 150 points early on, the Dow Jones Industrial Average is at 8,579.19, -678.91, -7.3% to close today. Another record low! When will the bleeding stop?

What does this all mean to our Silicon Valley Real Estate investments? More on this issue when I can answer the question.
Let's hope tomorrow brings all of us a brighter day!

Your Silicon Valley & Sunnyvale Real Estate Professional
Mark Thomason
http://www.thomasonteam.com/
408.850.3085

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