The Dow put on 1000 points in two weeks in expectation of getting 50 basis points. They got just 25, and a 250 drop since then relects that. Might be a similar drop tonight, which I think would be about right to redress the balance.
That's the best I can make out of this market, but the index alone sure doesn't influence my bull v bear status...
CJ
The Dow put on 1000 points in two weeks in expectation of...
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