My guess is that the DOW will end in the green tonight. Remenber the Federal Reserve is the buyer of last resort. It can prop up the stockmarket if it falls too much too fast. The federal reserve provides the buying support and the traders will do the rest. So the bottom line is that the Bear Market will be long, slow and very painful. Unfortunatley no fast collapse. Sorry but thats how i see it.
how much will the dow fall tonight?, page-18
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Last
26,683 |
Change
82.730(0.31%) |
Mkt cap ! n/a | |||
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| 26,683 | 0.00 | 0.00 |