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Thursday, October 09, 2008

Oil prices and the stock market

Oil prices continue to fall. They're close to levels they were late last year.

Hooray.

The Dow Jones continues to fall. The market closes in 10 minutes. The last I checked, it was at 8615, down 643 points on the day, or about 7 percent.

I'm in my early 50s. Retirement is 30 (yes, 30) years off, so I have time to recover.