Hanrahan I'm suspecting we will get an over reaction today here, based on pre-concluded perceptions. This Dow fall over night may just be the signal for many to get out or to take profits. What would be a tragedy is that the market has gotten so high that the negative news failed to appear until the worst month possible. If the news coming from the US remains negative for this month then expect that to compound with the stupid "October crash" mentality that does nothing but wreck everyone's day.
Just remember, all it take from the US is some grand talk by the big talking Obama, or another package that can set off another rally. All I can say is expect the unexpected. No one expected the market to rally in March, but everyone is expecting the market to crash now. So why are we all suddenly experts?
