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Re: Wall St ... again



Rob Schaap wrote:

Wow!  A DJI at about 9700 all of a sudden - any diagnoses of our moment?  Is
it the price of oil?  The whispers of junk-bond-exposed investment banks ?
Lousy tech projections (where it's acroos the board - from chips to dotcoms
to computers)?

Is there a compelling mainstream explanation abroad yet?

9963 as I type. It's all these things - oil, Mideast, higher-than-expected inflation, weakening profits, anxiety about credit risks...

Doug




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