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Stocks ended down for the day with what was most likely a case of the Friday blues

January 18th, 2008 admin Leave a comment Go to comments

Stocks ended down for the day with what was most likely a case of the Friday blues. Things have taken a tole for the worst. My holdings are have suffered huge losses in the last few weeks. What was a twenty eight percent gain beginning in a third year is now reduced to a 13.71 percent gain for a three year period. Almost 10 percent gains per year have been reduced to 4 percent gains per year. Only a large Fed interest rate cut in the terms of 1 percent could offer some hope.

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