Friday, January 23, 2009

Markets headed for disastrous opening

The nation's financial markets are headed toward a disastrous opening that may well finally and permanently breach the 8,000 mark and signal the large correction many experts have been projecting.

Estimates for the final landing point for the Dow range from 4,000 to 6,000.

Earnings for General Electric are expected today. GE is one of the 30 corporations that make up the Dow.

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