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IRA Investing: Getting Closer To a Bottom

By Richard Moore

About this article:
I'm afraid we are going to see more and more of what we saw last week. Members of Congress were grilling hedge fund managers one day and then insulting the gentleman in charge of organizing the TARP the next. Henry Paulson was changing the rules of the big bailout as politicians debated whether to throw some cash at the auto industry. I want to know when the members of the House and Senate will have their turn in the witness seat. Only then will we be able to assess who is truly responsible and should be held accountable. Meanwhile, the stock market stayed on its downward trek as investors tried to make sense of the economic outlook and what effect the political meddling will have on our financial future. I think it is safe to say that the market is not encouraged by what it has seen...

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