For some reason these 100-200 point drops dont feel like much anymore, so used to them by now. The markets still need a 500-1000+ point drop to signal some kind of bottom, these little 100-200 point drops are meaningless.
Your assuming a bottom???? the fed can print $$ all it wants for the Banks ( citi) and LEH to unwind....but becuase of inflation and oil....do youthink corporate stocks are a good investment over the next 12 months??? i hear a giant 'suckign sound" to dow 9k..maybe 8
DOW bottom is an unpredictable number. Only some signs such as when banks get fixed themselves, consumers are less worry about energy and food prices that we can feel a bottom.
