to change that momentum. I can't predict, but I wouldn't be surprised to see another 2% drop again today.

under the weight of ugly stuff. There's plenty of ugly stuff around.

so more volatility expected than usual.

The current trend line is steeply downward since the +300 peak this morning.

even harder. Internal stock market issues may actually overpower the news due to this. Fascinating. I don't own any equity shares.

including pensions. I guess for those who specialize in this (or follow it closely) it would be interesting to see where stuff lands. It may be a little canary in the coal mine... at least before they go through it all over again at the end of the next quarter.

No idea at all. So, no predictions from me today.

It's the end results that might be interesting to see - meaning what they feel might be "safe" for the time being.

make decisions. I'm afraid I don't know anything about that stuff. I'm more or less a news watcher who tries to guess how the day's news might affect markets.

an often small advantage. Some high frequency traders may trade the same stock, or index, etc. several times within a single minute.

I can see how that might work, but it would really have to be automated. I knew a guy who traded all day long, trying to work that sort of scheme. He'd do OK one day and lousy the next. He had like four monitors, all showing some sort of chart on them that updated constantly. He finally quit trading. It turned out that all that work and stress was making him about minimum wage over the long term.

The whole equities trading thing is fascinating to me, but I couldn't stand to be involved with it. My personality type is simply not suited for dealing with constant stress.

The Dow close on inauguration day was 19827.25 per yahoo finance Dow historical quotes.

Now 22811.88 per google quote. Days between inaug and now are 701.

So gain / loss annualized is now 7.84 percent annualized. (See below)

If the market falls any lower, one may be better off with tax-free muni's. Even today's valuation, if maintained, makes the economic "recovery" look like "meh" at best.


Annual percentage calc for visibility:
(((22811.88-19827.25)/19827.25)/(701/365.25))*100
and that's when baked so double check if ya want.

Well lookie lookie it's 22,705.66 ?153.94

big test is the 50% decline marker, around 13,300. Significant penetration of that level is quite serious.

I did a quick calc yesterday and at the time, the Dow was about 1400 points away from descent into "bear market" territory. That's down now to almost 1200 points away as of this post.

For some reason, I have a feeling that they may try to do one last big rally before the end of the calendar year.

We won't see that 21,300 today, but maybe next week, if things don't improve.

I know that makes no sense, really, when it comes to actual investors, but I don't invest.

I saw that the NASDAQ has dropped into bear territory. I have no idea how that relates to the Dow, though, and what it might predict. I like to watch the markets, since that makes me even less likely to mess around with them.

I use round numbers for dji for easy reference, allows for the small differences on the S&P index, false breakouts, etc. [I'm a longer term investor. Right now, and for awhile, t bills and some bear hedges.]

Sounds like a good day to stay away from Wall Street.

is computerized selling. Hence why there was a day last winter where the dow was down over 1000 points in 1 day. You have accounts that are set by computers to automatically sell if the market hits certain numbers and so you get wild swings as computers sell off and then a day later buys swoop in and pick these shares up as there wasnt overall bad news as much as speculation selling that leads the computerized accounts to sell off even though no hard news has come out.

That makes it a 700+ point swing through the day. Looks like another -2% day.

22,443.92 ?415.68 (1.82%)

So much winning!

n/t