HomeNo real analysis here. Just a wild guess.
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Make your S&P predictions here. How low will it go?
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1 Make your S&P predictions here. How low will it go? 6/20/2013, 3:25 pm
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2 Re: Make your S&P predictions here. How low will it go? 6/20/2013, 4:51 pm
Hospital Bob
No predictions. But I have three utility stocks which have all dropped almost 5% in the last two trading days. That has never happened before.
I think there's two factors involved with what's happening.
One of course is the change in Fed Policy.
The other is the fact that a terribly oversold market was waiting for any excuse to correct itself bigtime. And the Fed action is the excuse which triggered that.
The herd stampeded.
I think there's two factors involved with what's happening.
One of course is the change in Fed Policy.
The other is the fact that a terribly oversold market was waiting for any excuse to correct itself bigtime. And the Fed action is the excuse which triggered that.
The herd stampeded.
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