Wall street weathered another down day again amidst fears of middle east turmoil. Oil was briefly up over $100 dollars barrel as gold stayed above $1400 and silver hung around $33.
Many are saying this is just a correction in the markets after a two year run and has little to do with the unrest in Libya. Tech stocks seemed to be dragging the market down today and worries about rising fuel prices were not helping. Gasoline was over $4 a gallon in California.
The Dow has lost almost 300 points in two days, while the NASDAQ has shed over 100 points. Hewlett-Packard shares were down over $5 a share on poor earnings today. No doubt inflation and social unrest around the globe is adding to market jitters. All things considered, many see this as an opportunity to buy.