To: chimera
Dow is doing better than S&P 500 and NASDAQ 100 by almost a full percentage point. Looks like a flight to quality. The big caps are falling more slowly than the small caps. But everybody is down. Look for Obama or Geither to speak around lunch time. The morning is a write off. The PPT will let the panic over the downgrade work its way out of the system and then try to get a bounce at lunch time. I give them a 75% chance of stopping the bleeding and a 10% chance of being down less than 100 on the day.
36 posted on
08/08/2011 7:34:45 AM PDT by
GonzoGOP
(There are millions of paranoid people in the world and they are all out to get me.)
To: GonzoGOP
DJI 11,153.72 Down -290.89 -2.54%
55 posted on
08/08/2011 7:43:36 AM PDT by
Red Badger
("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
To: GonzoGOP
DJI 11,124.16 Down -320.45 -2.80%
61 posted on
08/08/2011 7:45:14 AM PDT by
Red Badger
("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
To: GonzoGOP
DJI 11,094.76 Down -349.85 -3.06%
69 posted on
08/08/2011 7:47:15 AM PDT by
Red Badger
("Treason doth never prosper.... What's the reason? Why if it prosper, none dare call it treason.")
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