The Dow loses a whole digit, while the Nasdaq does a little trip back in time itself. Mad cows take a bite out of McDonald's. Blodget trims his outlook for AOL Time Warner. Renowned investor Warren Buffett says there are no bargains in his portfolio and he doesn't expect much from the stocks he owns. Investors go shopping for tech bargains.
Retail sales are down.
GE confirms profit outlook for the year and Cisco sees a gloomy horizon. Tech funds might be the answer for investors trying to bottom fish in a beaten-up market. Most people haven't got a clue. But knowing your own bottom line can help you plan better for the future. Crashing stock prices brings out the worst in the media.