Consider these points:
1. The Dow has been priced for perfection.
2. Profits of course are declining for financials etc.
3. The spin was that housing issues would stay confined to housing. You needed a screw or two to believe that, but that same public spin was maintained for months. lol rofl
Dow futures are currently 13,406 which is down 77 points and a significant discount to theDow's close of 13,522.
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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 |