Just a Fun Tidbit for You Guys on the Dow

One way to look at the selloff in the terms of the $DJIA is that it was checking in on an important trend line, the one drawn on log from the 1929-2000 peaks.

So far hard bounce off of it, so if it had been asking the question, “Are you sure you want to be doing this?” the answer so far has been, “Yes.”

Twice now.


Leave a Reply

Your email address will not be published. Required fields are marked *