Dow has fallen significantly and the S&P has held it from lower lows thus far. We need that money from the settlement or a liver pump...im counting on one of the two. I see we are in w-5 on the S&P and if this is an ultimate top thats not good. But i beleive its a temperary top and we see 1600 t0 1650 year end. Dow should be 37 to 45 by then. We shall see what unfolds.
Liver pump....lol :) Thanks for making me laugh this morning!
Oh we'll, you can afford to hold shares since they're in your 401k. The contrarians and yield seekers will eventually bring the pps back up. I notice the jury is deliberating for day 2 on the price fixing trial. I wish there were less drama going on. Bad enough with everything else.
the trial outcome, either way, may cause a temporary hit to the share price. a $2Billion verdict against dow may knock a buck off the share price, imho. a 'win' could spike the share price up $.50. either way, the impact may not last a long time, imho. also, a big 'loss' may almost certainly involve an appeal.