Ironically, just right before the huge drop after Timothy Geithner's speech, Wall Street experts were telling the public it was still a good time to buy, and do not sell if you have shares of stock. (related details are on my class blog)
It is a scary thought to see this, especially since it was posted, it has almost dropped another 800 points...
But as the previous post stated "Wall Street experts were telling the public it was still a good time to buy, and do not sell if you have shares of stock" that would help if everyone were to keep buying. But this advice didn't seem to have a great impact, and for the few people who did listen, it generally caused people to suffer great losses.
Ouch.
2 comments:
Ironically, just right before the huge drop after Timothy Geithner's speech, Wall Street experts were telling the public it was still a good time to buy, and do not sell if you have shares of stock. (related details are on my class blog)
-Z. Chen
It is a scary thought to see this, especially since it was posted, it has almost dropped another 800 points...
But as the previous post stated "Wall Street experts were telling the public it was still a good time to buy, and do not sell if you have shares of stock" that would help if everyone were to keep buying. But this advice didn't seem to have a great impact, and for the few people who did listen, it generally caused people to suffer great losses.
GECO INC.
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