Stock Market Down?

The stock market has been behaving a bit erratically, and is very sensitive to bad news as of late (not that it is not always erratic and sensitive). The week or so there have been some huge intraday swings in the performance of thew stock market.  At points it will be a half-a-percent down and all of the sudden it will be even, or ahead for the day, and vice versa.  This performance has made investors that are already jittery, even worse.  I am beginning to sound like Chicken Little, but I see this as more evidence, piled on top of mounds of current evidence, that something big is going to happen to the stock market soon.  It simply cannot sustain all of these factors that it has for so long now, mainly because it never has before.

Will history repeat itself or will the market continue to roll along?

Written by Nagel on June 30th, 2007 with no comments.
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