I just got a note from Investopedia that today is Black Monday. Back in 1987, this marked the worst one day drop in the DJIA, a whopping 22% in one day.
Let's hope things do not change dramatically for these.
Johnson & Johnson after disappointing results, let's see how things go for them.
Caterpillar announces results tomorrow night.
General Electric had a disappointing 3rd Qtr dragged down by GE Capitals commercial property division.
More at:
http://www.news-gazette.com/news/local/2009/10/16/ge_3rd-quarter_earnings_drop_on_finance_woes
Monday, 19 October 2009
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