11/17/2008: Ready for new low ???

同样，看图。 Are we ready for new lows?, Let's see what happened in the past week?
1. Unemployment rate to 6.5%, worst since 2001.
2. CC file chapter 11, Best BUY said it is the worst time ever.
3. GM can not survive, waiting government bail out
4. Citi Bank announce to lay off more than 50,000 employees
5. Treasure don't know how to spend 700B Dollars, congress furious.
....

There are more and more. Plus, China decided to step aside, probably reduce lending to the US.

Ok, let's tighten belt and see.

Plus:
1. Watch China market, it might get bottomed out.
2. Watch Energy, it might get bottomed out too.