U.S. stocks slide as economic troubles hit earnings

Oil futures close at a more than 16-month low; gold tumbles to one-year low

http://www.marketwatch.com/news/story/us-stocks-hammered-fueled-worries/story.aspx?guid=%7B71705879%2D427A%2D4783%2DABCF%2DC7169830AB2E%7D


At this time the best thing to do is to pull your money out and cut your losses.

From the article;

"It's been a bad earnings season, and what companies tell us has not been inspiring. The news has been gloomy, and, if we believe executives, it is going to get even more gloomy," said Hugh Johnson, chairman of Johnson Illington Advisors.

Bad earning will continue to hurt the markets, if earning aren't there how can you believe what the brokers are telling you? Educate yourself on the stock that you own, don't look at the market look at their earnings or lack of.

Always take a look at what Jim has to say

http://jsmineset.com/

Take a look at this article from Marketwatch;