Dow down again

Posted by Blogosano at 7/25/2008 7:08 AM and is filed under uncategorized

Even though I am not much of an investor I have put some money in the stock market and here in India like other global markets our stocks are mostly dependent upon the Dow and the NASDAQ. Today the 25th July 08 after almost a week a pullback bullish rally I am expecting India to open with a gap down because of Dow which last more than 200 points. At least Indian Stock market has given the investors over the years some good returns but what is wrong with the American market. Yes it started with the sub prime crises but I find that literally for the past five years it ha done nothing for its own investors. My colleague tells me that Americans spend heavily and whatever little investment they do they do so in mutual funds than direct equities. I hope my portfolio turns positive at least by the end of this year.


 

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