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January 23, 2008

Dow Doing Drop Deed: Down 200

So much (so far anyway) for the supposed bounce in the markets today. Despite a pop in some international markets overnight, and despite much nattering from nabobs yesterday and this morning that we are at a market capitulation, the Dow is currently down markedly. Matter of fact, it has currently fallen more today in both points and percentage terms than it did at yesterday's close.

Everything could change in a heartbeat, of course, especially, if I do something dumb like mentioning the damn drop.

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Comments

ya friggin knew it was dumb but u just couldnt resist saying could ya pk.... well i hope u at least bought on yr own self generated contrary indicator...

;)