Posted on September 16, 2008 - by andrew

Market Recap - September 15th, 2008

The markets had one of the ugliest days in recent history…..on heavy volume too:

• NASDAQ: -3.6%
• NYSE: -5.1%
• S&P 500: -4.7%
• Dow: -4.4%

There isn’t much else to say except that things are really bad. I’m sounding like a broken record, but its important to remember:

• DON’T BUY STOCKS !!!!!!!!!!!!
• Keep an eye out for buy candidates to add to your watch list
  • stocks building sound bases
  • stocks showing resilience
  • stocks strength
• Watch for a rally attempt and follow through