Recession!

Welcome to the world of recession. That is what the markets are facing now. Each stock markets are testing their lows with little resistance and than breaking it. The main leading market is of course the DOW JON Industries.. citing their lows due to the sell off and currently their unemployment rate is getting higher and higher. Judging from the news of companies lying off workers day by day trying to secure as much as profits as they can in this "great depression" that we might be going into.. pretty soon. Traders are leaning on GOLD(their usual path) as a safe haven.. and selling off gold.. I am pretty sure that Oil companies are crying because to make a profit they need to sell it at 70$ a barrel not the current 48$ a barrel.. which is a huge loss to them but eitherways who cares XD cheap gas for the win and serve them right when Oild was 140$ a barrel in summer. Eitherways trade safe as usual, today's events has shown that the bottom has yet to be reached.

Good Luck all

Anil