The whipsaw moves in the Dow index is reminiscent of previous times when this occurred just prior to a real collapse, not a just a whimpy little correction."
see below Dow's quarterly chart for past 30 years or so.
i think we've probably seen most of the "collapse" now, although we may still be in for a little more pain before we see gains.
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 26,683 | 0.00 | 0.00 |