300
9th January 2008, 07:25 AM
http://www.radioaukiman.com/images/misc/300finance .jpg
The Dow Jones fell 238.42 points overnight. Bad news from the real estate sector on the number of homes not sold and President Bush confirming the state of the economy and warning citizens that times are going to be tough; both made investors head for the hills. The focus is very much on the up-coming US Fed meet.
The ASX fell around 30 points yesterday after climbing to a high up 30 points on open. Probably profit takers getting out with a quick buck while they can. Some resources stocks bucked the trend (of down) which is a nice sign.
I am happy to report in all the doom and gloom that RA Portfolio held steady yesterday with some news off the forums about our mining stock PRE. This stock was chosen as it has impending results of its gold exploration in WA, and with the price of gold increasing each night, this is poised for greatness.
The Dow Jones fell 238.42 points overnight. Bad news from the real estate sector on the number of homes not sold and President Bush confirming the state of the economy and warning citizens that times are going to be tough; both made investors head for the hills. The focus is very much on the up-coming US Fed meet.
The ASX fell around 30 points yesterday after climbing to a high up 30 points on open. Probably profit takers getting out with a quick buck while they can. Some resources stocks bucked the trend (of down) which is a nice sign.
I am happy to report in all the doom and gloom that RA Portfolio held steady yesterday with some news off the forums about our mining stock PRE. This stock was chosen as it has impending results of its gold exploration in WA, and with the price of gold increasing each night, this is poised for greatness.