The first test of 8200
This move below the 8200 mark is an important statistical measure of the stability of the market. Markets are variable, they have a tendency to go above and below a certain mean. For the past four weeks, the Dow at 8200 has shown resilience in hitting that mark and rebounding. With most of the day trading sideways, we've seen a real trend in the market close to chase the indices down and close negative. At 1:00 today the markets were at or near 8200 and then they crashed down almost 600 points from their mean, to end at 7,600.
Comments
The Saint Bernard never comes. I wake up early and play warcraft.
Try 6000?
Busts followed by new highs - that is the way of things today, especially now in our manipulated market. The market no longer informs of real price data, nor of economic data. As the market is controlled by heavy hands, it has "their" agenda.
Real assists. Land, gold & silver, goods are the way to invest. Something that might retain value in a hyper inflationary environment. History repeats itself.