Tuesday, January 20, 2009
Line in the sand
The s&p is a better index than the Dow in my opinion but the fact is much of the public and media focus is on the Dow. That makes the Dow a big component in investment psychology and sentiment. Today the Dow closed below 8000. This is a big level for the Dow. Does it whipsaw back up or extend down to sub 7000 levels? HUGE>
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