As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

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Value Investing
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Wednesday, 14 November 2012

DOW cliff is here!!!








12,756.18 Down 58.90(0.46%)




By: JeeYeon Park
CNBC.com Writer

Stocks End at 3-1/2 Month Lows, Led by Techs

 
Stocks accelerated their losses in the final hour of trading to finish near session lows Tuesday, dragged by techs and weighed by ongoing worries about efforts in Washington to resolve the looming "fiscal cliff."
 
 
The Dow Jones Industrial Average dropped 58.90 points, or 0.46 percent, to finish at 12,756.18, led by Microsoft [MSFT  27.0895    -0.9005  (-3.22%)   ] and Intel [INTC  20.28    -0.485  (-2.34%)   ]. Home Depot [HD  63.38    2.22  (+3.63%)   ] was the biggest blue-chip gainer, but the home improvement retailer still ended off its highs.
 
The S&P 500 declined 5.50 points, or 0.40 percent, to end at 1,374.53.
 
The Nasdaq fell 20.37 points, or 0.70 percent, to close at 2,883.89. The Nasdaq briefly dipped into correction territory, earlier in the session, falling 10 percent from its Sept. 21 high.
 
The CBOE Volatility Index, widely considered the best gauge of fear in the market, ended above 16.

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