Bad Days To Come!

Another huge drop on Wall Street today. The Dow Jones industrials fell more than 340 points to end at 10,482.45. The sure sign of a recession is in the air. I’m starting to believe that even if the house passes the bailout plan will be enough to save the economy. We’re at a seven-year high in jobless claims and factory orders are way down. That means more jobs will be lost very soon. And now we’re coming into some of our biggest holiday shopping months, which the retail market could feel the pinch. Heck, I wouldn’t be surprise by Christmas time we’re in a recession. The way I see it is, this bailout bill isn’t going to help at all. But if it does help, which I sure hope so, I will be surprise. As always, let hope for the best, but be ready for the worst.