In your scenerio, everything gets spanked? Nothing is spared? What get hit worst, what get hit least???
You think a buy the dip will occur? What's going to convice people to just "let it fall", don't buy the dip. There is still plenty of money out there...Everyone's working, lots of 401K's and judging by some data I just read, an influx for January went into cash. Don't you think if we go down 200 points (almost cracked 9200 today, but just closed above it), it will shake out some bargain hunters?
200 points is nothing, and people will think that buying under 9000 will be a deal, especially coming DOWN FROM 9650. That's a quick 8%, OK time to jump back in.
INUTS are back on fire again, especially with splits driving the frenzy. AOL did their things (earnings and 2/1 split) today.
LT, got some thoughts here on specifics? |
