Is This a Buying Opportunity?
If I were a trader, I might look at yesterday’s drop as a buying opportunity for today, but with a long term view, it won’t change anything that I’m doing as far as investing this year.
Former Federal Reserve chairman Alan Greenspan thinks we’re heading for a recession this year. This is not long after the Dow was setting record highs.
With the markets tanking a bit yesterday, have your investing plans changed? Was this the sign of a correcting trend or just a short-term blip?
Published or updated February 28, 2007. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @flexo on Twitter and visit our Facebook page for more updates.