Ouch!  Another eye-sore!  The dow has hit a all-time low of 6,793, something not seen since 1997.  I, for one, are starting to feel the fear in the market.  I thought things were bad enough when we broke 10,000, but at this rate, we are hitting new lows like there is no tomorrow.  There are still lots of quarterly earning reports that have to be reported, and I bet they are not looking good.  I’d hold off unless you are going to get some dividend stocks and just wait it out.

I wouldn’t expect anyone to start any purchases until the DOW hits 6,500.  It might be tomorrow, it might be in a month, but if you have the patience to wait it out, there will be good investments in the end.  Look for big names such as Wal-Mart (WMT) or Colgate (CL) to put your money in.  These names have continued to prosper during this time since their products are always necessary no matter what is happening in the economy.