US Stock Dow Jones Loses 315
Dow Industrials Shed 315 Points on Disappointing Economic and Corporate Reports, US Stocks fell sharply Friday after a series of depressing economic data and corporate reports as well as high oil prices stoked concerns about the overall health of the US economy.
All of the major stock indexes fell with their biggest lost of the year with Dow Jones falling at a lost 315 points. The Market will cotinue its downward cycle as things are not looking on the bright for the month of Feb.
Make sure you maintain a strong put position to cover your positions, the market is filled with too many uncertain factor at the moment. I have cleared all my position waiting for the next sell spot to enter my put position again.
Good luck to everyone.
Andy
