Dow Jones is still trading flat at current level despite the fact that existing home sales slumped more than forecast as prices continue to plunge.

Christmas is approaching and retailers are scrambling to destock, signals how bad the business activities are.

Crude oil sustained at current level rebounds from the low of USD 33 on the news of OPEC's determination is production cutting to stabilize the price.
Be prepared for the worst, this is a calm before the storm. When smaller companies cant sustain and unemployment rate worsen, DJ might collapse to 5000 - 7000 points. Hold your cash to weather the storm!

2009 is a big challenge for everyone, every countries administration especially the newly elected US president, Barack Obama.

http://todayfinancialworld.blogspot.com
http://itblood.blogspot.com