Thursday, March 6, 2008

LA Daily Blog Wall Street Update for Thursday March 6, 2008

DOW JONES CURRENTLY DOWN 116 POINTS (10:48 AM)

Oil, gold, silver, platinum, cooper, wheat, agro, all hit record levels yesterday and oil broke the $105 mark today. A weak dollar, housing and credit problems, and rising cost of commodities means it's time to check in with the StrategyUpdate.com News Wire.




NEW STRATEGY UPDATE BUZZWORDS:

"Reflation" (Recession during inflation)
"Incession" (Inflation during recession)
"Fuctconomy" (U.S. position in global market)

Click "Read more" on the news wire to scan all the stories. Go to StrategyUpdate.com for 24 hour LIVE gold and metal charts, CNBC, Bloomberg micro TVs, analysis and all the links you need for the trading day.

Click here for Summary Page" of previous LA Daily Blog stories.