Daily Revolt

March 04, 2007

Stocks Expected to Keep Falling Next Week

Should we start worrying about the stock market or do we ignore the danger until disaster hits. Where are the politicians sounding the alarm. We shouldn't panic because that would lead to panic on Wall St., but we should at least ask questions. If we take sensible precautions now we can avert crisis later on. Unfortunately, we are a society of spectators. We don't address problems until they blow up in our faces:
The shaky U.S. stock market is set for more losses in coming days in the aftermath of the past week's global financial sell-off as investors look to two major economic reports for clues about the direction of the nation's economy and the health of the four-year bull market, strategists said.

Bill Gates is selling millions of his stocks. Does that tell you something:
Bill Gates, chairman and co-founder of Microsoft Corp., sold 4 million shares of the software giant's stock over the last three days of February, bringing his total sales for the month to 20 million, according to filings with the Securities and Exchange Commission.

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